Samsung, one of the largest electronics company in the world, was forced to reduce its global workforce due to the restructuring of its business operations in China, based on company data. The data shows that the electronics giant has reduced the number of its employees in 2016 by 5.2 percent, from 325,677 down to 308,745. In its South Korean home base, Samsung has cut down its workforce by 3.8 percent and is now down to 93,204 while it slashed the number of its employees abroad by 5.8 percent and is now currently 215,541. It was in China where the largest workforce reduction was implemented in 2016 where the labor force was slashed down by 17.5 percent and is now down to just 37, 070. However, the North and South American…
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