Samsung India to lay off 200 employees as slowdown bites

South Korean consumer electronics and appliances major, Samsung is laying off around 200 employees at its India unit, which constitute about 8-9% of its workforce in the country, industry sources said.

The layoffs are happening across sales, marketing and support staff in smartphones, home appliances, and consumer electronics divisions as part of the global restructuring plans and contain costs, sources said. In India Samsung has about 2,000 people across managerial positions.