You know the way that Apple’s heroically struggling to build a new “spaceship” HQ capable of housing its army of brilliant worker ants who design the iPhone? Well, Samsung has an easier solution for managing the size of its phone division: just fire a load of people.
New statistics published courtesy of Korea’s Financial Supervisory Service underline the degree to which Samsung’s smartphone business is struggling — with 5,000 employees booted out of the door over the past year, while 30 percent of execs are expected to follow them in the next month.