Samsung downsizing

The downsizing expected at Samsung‘s mobile division has seemingly started at the top, with Re/code reporting that three senior execs are leaving the company. This follows the loss of five high-ranking execs earlier in the year.

Three deputies to the head of Samsung Electronics’ mobile division are leaving, a person with knowledge of the matter said on Thursday, as the world’s largest smartphone maker faces a rapid decline in profit […]

The departures included global marketing chief D.J. Lee, the source said, confirming earlier media reports.

All three of those leaving are said to be direct reports to mobile head JK Shin, who survived the cull despite presiding over a 74% drop in profits in his division … 
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