{"id":854625,"date":"2024-09-12T07:45:51","date_gmt":"2024-09-12T02:15:51","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=854625"},"modified":"2024-09-12T07:49:19","modified_gmt":"2024-09-12T02:19:19","slug":"samsung-india-to-lay-off-200-executives-amid-slowing-growth-challenges","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/12\/samsung-india-to-lay-off-200-executives-amid-slowing-growth-challenges\/","title":{"rendered":"Samsung India to lay off 200+ executives amid slowing growth, challenges"},"content":{"rendered":"<p>Samsung Electronics is set to lay off over 200 executives across its Indian operations as the company faces slowing business growth and mounting competition, according to a report by The Economic Times (ET) citing senior industry executives. The electronics giant\u2019s decision to cut its managerial workforce by 9-10 per cent comes in response to declining consumer demand, particularly in its core smartphone business, as well as a broader effort to reduce costs and improve profitability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Samsung Electronics is set to lay off over 200 executives across its Indian operations as the company faces slowing business growth and mounting competition, according to a report by The Economic Times (ET) citing senior industry executives. The electronics giant\u2019s decision to cut its managerial workforce by 9-10 per cent comes in response to declining consumer demand, particularly in its core smartphone business, as well as a broader effort to reduce costs and improve profitability.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-854625","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/854625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=854625"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/854625\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=854625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=854625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=854625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}