It’s no secret that Samsung has been struggling to replicate its past success in the mobile industry. The profits churned in by the company have declined rapidly, even threatening an executive reshuffle late last year.
A new report now suggests that the Korean manufacturer has put a hold on the employee salaries given the financial situation that it’s in right now. It’s important to note that the last time the company did something similar was back in 2009, which was incidentally before it went big with the original Galaxy S handset.
In order to increase profits, Samsung has implemented certain cost cutting measures. Employees were asked to take time off vacation to get back into work, while executives were urged to take economy class flights for a journey of under 10 hours. The company has also done some employee reshuffling, which has helped to some extent.
Samsung has placed all its eggs in the Galaxy S6 basket now and will hope dearly for its success. Judging by what we’ve seen in the leaks so far, it seems like Samsung will not disappoint. The handset is expected to be unveiled this Sunday on the 1st of March.
Via: Sam Mobile
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