*Samsung to Slash Up to 30% of Overseas Workforce in 2024, Impacting US, Europe, Asia, and Africa*

*2024* may appear as a year of post-pandemic recovery, but recent reports suggest otherwise. Reuters has revealed that Samsung Electronics plans to reduce its overseas workforce by up to 30% across various divisions, according to three industry sources.

The reduction will see a 15% cut in sales and marketing staff and up to a 30% cut in administrative roles. This move will affect employees in the United States, Europe, Asia, and Africa. While it’s not confirmed if Malaysia will be directly impacted, it is included in the Asia region.

At the end of 2023, Samsung employed 267,800 staff, with 147,000 based overseas, as per its latest sustainability report. The company stated that the workforce adjustment aims to enhance efficiency in routine overseas operations. Importantly, production staff, crucial to Samsung’s product lines, will not be affected by these layoffs.

In India, Samsung recently offered severance packages to several mid-level employees who have already left the company. Similarly, staff in China have been informed of a 30% reduction in sales operations.

Refer to Reuters' full report for more details on Samsung's layoffs. Employees at Samsung Malaysia should stay informed and prepared, though specific information for this region remains unconfirmed.