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Samsung to give pink slips to 5 percent employees in India.
![Samsung to give pink slips to 5 percent employees in India.](http://i0.wp.com/www.oneworldnews.com/wp-content/uploads/2015/10/Samsung-Logo.jpg?resize=780%2C470&ssl=1)
According to reports, South Korean company Samsung may lay off 5 percent of it’s employees in India.
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.