Samsung plans to freeze salaries in South Korea for the first time in 6 years

Due to lower profits for the third quarter in a row, now it is said that Samsung now plans to freeze the salaries of its employees in 2015 in an attempt to cut losses. This is one of the toughest moves on the verge of Samsung be carried out. It should be noted that this news comes from an executive at Samsung did not mention his name, who said that the management and employees reached an agreement on the determination of wages. Another representative said Samsung later that the exact reason for this decision is due to the slow growth of the Chinese economy in recent times, along with the decline in the Japanese currency, the yen.
As a reminder, the Samsung company in the last year to give up 30% of the employees in the mobile devices division. Later, also was abandoned a number of executives in the company's least important. Moreover, Samsung reported that its profit declined in the last fiscal quarter. Apparently, this will be the first time that Samsung will freeze the salaries of its employees since 2009. It is certain that the company is entirely dependent on the two phones Galaxy S6 and Galaxy S6 Edge, hoping to achieve their sales much higher than the Galaxy S5 for the return of the company to its original position.