Samsung India provides 3-month severance package to laid-off workers: Report
According to The Economic Times, Samsung is giving terminated employees a severance deal that includes three months of salary, along with one extra month of pay for every year they worked at the company. The tech firm has started reducing its workforce in the home appliance and television divisions due to high expenses, sluggish market demand, and internal reorganization. Roughly 80 to 100 executives have been impacted by these job cuts.