Samsung has decided to stop any future investment in Mexico over economic doubts caused in part by President Trump’s proposed tariffs, according to Roberto Vega Solís, president of Mexico’s Business Confederation in Tijuana. The South Korean firm... — read more 

I strongly feel something bad will happen very soon at SAS. Anyone has information about it?

https://www.crainsdetroit.com/manufacturing/ev-battery-maker-samsung-sdi-lay-179-oakland-county

North America and rest of world...wireless is going to be impacted

Markets know something...down 30% in past 6 months. More downtrend to come... https://www.google.com/finance/quote/005930:KRX?window=6M

https://www.barrons.com/articles/south-korea-martial-law-stock-market-economy-meaning-3ff6e139

Second part is due imminently, focused on senior staff

does anyone know if it's affecting field sales managers for SEA? contractors of SEA?

Haven’t heard anything this week. Is the layoff this year done?

Samsung laid off it's entire Field sales team yesterday (approx 300) Source: @iwdz+1uMDkQ1P Will there be more sales layoffs? There were a lot of rumors about sales being hit at the end of October.

Rumor has it that it is going to affect Sales only. Any other info?

Samsung's reluctance to invest strategically is a glaring misstep. They seem stuck in outdated management practices, treating their employees poorly while trying to cut corners. They’re setting themselves up for a well-deserved downfall, maybe they... — read more 

Most of SEA recruiters were laid off today. Up to 30% cut overseas offices are targeted according to news.

I've been hearing that cuts have started, but I can't find any info on it. Does anybody here know what's going on? Being in a situation like this and not knowing what's going on is incredibly stressful.

Intel, once the world’s leader in both designing and supplying advanced chips, has decided to spin off its chip manufacturing business in part of the efforts to recover from massive losses. For Samsung Electronics, the rival’s spin-off could pose a... — read more 

Samsung announced significant cuts in the global workforce, up to 30%. They asked subsidiaries to reduce sales and marketing by 15% and administrative staff by 30%. Headcount reductions are to be implemented by the end of the year. What all this... — read more 

Samsung letting go Process and Equipment Techs (contractors) in every department 55 Tech and counting.

Can anyone tell me the future outlook for this org? WLB is ridiculous and management is amateurish, condescending and incompetent.

Apparently close to 300 employees were laid off today (7/26/24) in the Networks division of SEA primarily in their Plano campus. This includes both full time and contractors.

So.... the mandatory in-person meeting in Montreal. What else could it be?

Layoffs and Reorgs coming soon as upper management have been struggling to fill the fab TSMC is taking away large chunk of the market share

Layoff Rumors going on across all team , SS not doing well in many division and layoff is going to happen, anyone knows is it big or certain teams ?

50 people got laid off from Starlabs and think tank team

Lot people in Dallas office network team recently laid off full time and contractors both , some were in vacation and came to know from email without prior notice , some of them laid of two day before eid which is like Christmas for some people... — read more 

Samsung Electronics has laid off 3 per cent of employees at its US semiconductor subsidiary -- Device Solutions Americas (DSA). Citing sources, BusinessKorea said that Samsung DSA notified all of its employees about the job cuts due to uncertain... — read more 

Perhaps these cuts could have been avoided, but that's just my opinion. I'm interested in what criteria were used to choose who will be laid off?

https://semianalysis.substack.com/p/samsung-electronics-cultural-issues?s=r

Samsung entices you with higher than average salaries and hefty bonuses, but you're selling your soul to the devil for that fat paycheck. Forget about enjoying your money with your loved ones, though. If you're an exec you'll be required to spend the... — read more 

Samsung is a zero culture company. Purely binary and balance sheet operated. The only variance to this is if you have a high ranking last name in the geneology of the Korean family. It is a company that doesn't reward hard work and results with... — read more 

350 Samsung employees were let go during a global pandemic (and after exceeding sales targets) simply to meet a number set by Korea. Who was let go was up to each department head. As usual at Samsung, favoritism rules over competency and many top... — read more 

Found out my 3rd party employer who had Samsung Appliance contract lost contract to competitor Premium when out of work looking on Indeed.com . My old job was posted for my area but with competitor Premium!

Has there been anything new on the subject?

Many good people got notified this week. It’s a shame SEA is letting go of good people in the midst of a growth year.

Have you guys completely switched to WFH?

It is absolutely a disgrace that my 2016, ~$1,500 55" Smart TV has a bad screen and it would cost ~$1500 to fix it. And if you Google the problem, lots of folks having similar issues. Clearly, Samsung cannot make a quality TV. Don't waste your... — read more 

I heard there will be a lay-off/restructuring at SSIC in San Jose. How true is that? I’m currently going through the interview process and would prefer to avoid a team that is being torn apart.

https://www.kxan.com/news/local/austin/samsung-laying-off-290-employees-in-austin/