Brief by Shorts91 Newsdesk / 09:00am on 08 Sep 2026,Tuesday India
Samsung India has started cutting jobs in its television and home appliance businesses. Around 80 to 100 executives have reportedly been asked to leave in batches. The cuts affect directors, managers and team leaders. Rising memory chip prices, weaker demand and higher raw material costs have increased pressure on the company. The falling rupee has also made electronic products more expensive. Reports suggest up to 25% of the sales and marketing staff could be affected. Samsung’s smartphone team is not part of the current cuts. The company hopes festive-season sales during Diwali will improve demand and support its business.
