For first time in 7 Years, Samsung Headcount came down in 2016

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For the first time in seven years, the headcount of Samsung Electronics came down in 2016 mainly because of its restructuring in China, the organization data appeared on Sunday. The number of employees of the world’s biggest cell phone and memory chip manufacturer fell 5.2% to 308,745 in 2016 from 325,677 the previous year, Yonhap news organization detailed. By region, the organization’s domestic employees dropped 3.8% to 93,204, and those abroad declined 5.8% to 215,541.

As of the finish of a year ago, the percentage of the workers at Samsung’s organizations abroad dropped 0.4% to 69.8%.

The number of Samsung workers in China fell 17.5% to 37,070 a year ago from 44,948 the earlier year while those in North and South America surged 8.5% to 25,988.

An organization official attributed the cut in the number of representatives partly to the offer of its printing business to HP.

Corporate restructuring in Samsung’s factories plants in China and other Asian nations additionally led the overseas manpower cut, he said.

The ratio of female representatives accounted for 44% a year ago, down two percentage points from a year prior.

The proportion of female managers and officials, however, rose to 12.7% and 6.3% a year ago from 12.4% and 4.5%, respectively, from a year prior.

Samsung Electronics has 2,468 cooperative business partners over the globe as of the end of 2016 while maintaining 238 major production facilities, 53 distribution centres, 34 research and development centres, seven design centres and 73 service centres over the world.

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