Samsung tells executives to work 6-day weeks after reporting worst bottom line in over 10 years: 'Inject a sense of crisis'
by New York Post
New York Post— Samsung mandated that its executives report to the office six days per week in a stunning move away from other companies around the world, which have begun embracing four-day workweeks.
International Business Times UK—Forget Work-Life Balance, Samsung Makes 6-Day Work Week Mandatory For Executives. Samsung , in a bold move to address its recent financial challenges, has mandated a six-day work week for its executive staff.Last year, the South Korean conglomerate faced a significant financial challenge, with its operating profit dropping by 85% to $4.7 billion, marking its worst performance since 2009.Despite this, the company's net profit remained strong, albeit with a 73% decrease in the final quarter of 2023 to $11.24 billion, demonstrating Samsung's resilience in the face of...
TechRadar—Samsung is making its top executives work six days a week. Execs at Samsung are being asked to work above and beyond as the company battles with competition and finances.
SFGate—Major tech company will reportedly make top bosses work 6 days a week. The weekend is about to look a little less like the weekend for the bosses at one of the world’s largest technology and manufacturing companies. Samsung will soon require its executives to work six days a week, according to an April 18 report from the Korea Economic Daily. The Korea-based conglomerate, which makes Galaxy smartphones, flatscreen televisions, appliances and a wide range of other devices, is a stalwart of the tech industry. It generates tens of billions of dollars of revenue every...