http://economictimes.indiatimes.com/jobs/samsung-may-lay-off-5-per-cent-of-its-staff-in-india-to-reduce-costs/articleshow/49487790.cms
ccording to the industry executives, Samsung India's sales are below target due to a slowing market and increased competition across businesses and are under pressure this year, although it is betting on a revival with Diwali around the corner. The October-December quarter accounts for 30-40 per cent of the company's annual sales.
Samsung India, which has increased sales by 30-40 per cent in the past few years, has halved the growth rate target this year to 15-20 per cent.
ccording to the industry executives, Samsung India's sales are below target due to a slowing market and increased competition across businesses and are under pressure this year, although it is betting on a revival with Diwali around the corner. The October-December quarter accounts for 30-40 per cent of the company's annual sales.
Samsung India, which has increased sales by 30-40 per cent in the past few years, has halved the growth rate target this year to 15-20 per cent.
Comments