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Staff Fear The Chop In Samsung Electronics Annual Reshuffle


Ron Burgundy
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People walk at the main office building of Samsung Electronics in SeoulBy Se Young Lee and Sohee Kim SEOUL (Reuters) - Insiders say staff at Samsung Electronics have never been so anxious ahead of the annual reshuffle, as a weak smartphone performance and its worst earnings in three years are expected to cost many jobs. As is customary for Korean businesses, Samsung is expected to announce its annual personnel changes in early December, a ritual that even in good times means weeks of distracting uncertainty for staff facing promotion, transfer or the sack. The last of those options looks more likely after third-quarter operating profit fell by nearly two thirds. ...




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