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Samsung to give pink slips to 5 percent employees in India.

According to reports, South Korean company Samsung may lay off 5 percent of it’s employees in India.

Samsung to give pink slips to 5 percent employees in India.

Source

The company is planning the layoffs as a cost cutting measure. Reportedly, last week 90 employees were asked to submit their resignation and around 100 -125 employees are expected to get the pink slips after Diwali.

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