Arab Today, arab today samsung freezes salaries amid falling profits
Last Updated : GMT 02:41:45
Arab Today, arab today
Arab Today, arab today

Samsung freezes salaries amid falling profits

Arab Today, arab today

Arab Today, arab today Samsung freezes salaries amid falling profits

Samsung Electronics
Seoul - QNA

South Korea's top tech firm Samsung Electronics Co. said Thursday it has decided to freeze paychecks for its employees for 2015, as the world's No.1 handset maker struggles to bounce back from a slump in its mainstay mobile business that ate into overall profits.
A Samsung official said the company plans to fix salaries for its workers for 2015.
Overall performance incentives, which depends on profits, are not included in the plan.
"It is true that the management and employees have reached an agreement on fixing the wage," a spokesman of Samsung Electronics told South Korean news agency Yonhap.
Samsung Electronics posted a net profit of 23.4 trillion won ($21.2 billion) in 2014, sharply falling 23.2 percent from the 30.5 trillion won the previous year.
Operating profits from the mobile business, the company's mainstay, plunged 64 percent on-year to 1.96 trillion won in the fourth quarter, compared with 5.47 trillion won a year earlier.
The company, meanwhile, will also adopt a flexible work hour system this year for all business divisions, except for manufacturing employees, the official added.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today samsung freezes salaries amid falling profits Arab Today, arab today samsung freezes salaries amid falling profits

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today samsung freezes salaries amid falling profits Arab Today, arab today samsung freezes salaries amid falling profits

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday