Samsung cuts manpower for first time in 7 years

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For the first time in seven years, the headcount of Samsung Electronics came down in 2016 mainly due to its restructuring in China, the company data showed on Sunday. The number of employees of the world’s largest smartphone and memory chip manufacturer fell 5.2 per cent to 308,745 in 2016 from 325,677 the previous year, Yonhap news agency reported.
Read more at news 18.

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