Samsung's revenues and profits have seriously declined in the past year due to very poor sales of Android terminals sold worldwide, and this has affected people who have thought the wrong strategies of the Korean company. According to the official information published by Samsung for its recent results, the number of managers employed in its various divisions decreased by 177 people in just 8 months, at the moment more than 1040 managers are employed by the company in various parts of the globe .
The number of unregistered executives at the world's top smartphone and memory chipmaker had stood at 1,219 in the quarter ending in September 2014, according to the company's half-yearly report filed with the Financial Supervisory Service (FSS), the country's financial regulator. The figure, however, fell by 177 to 1,042 as of the end of last month, of which 25 percent, representing 44 C-suite members, were from the firms' mainstay mobile division, Samsung's latest business report submitted to the FSS showed.
Although nothing has been officially confirmed, it seems that most of the employees resigned from the positions they held within Samsung, so we are not talking about mass layoffs, but about people who left their positions on their own. Samsung had more than 1200 managers in the middle of last year, and the large number of people creating challenge and product launch strategies seems to have helped the Korean company increase its sales in recent months, so maybe the new people will come up with better ideas for the future.
