Samsung plans global job cuts of up to 30%

South Korea-based Samsung has instructed subsidiaries worldwide to reduce sales and marketing staff by about 15 percent and the administrative staff by up to 30 percent, two of the sources said.

The plan will be implemented by the end of this year and would impact jobs across the Americas, Europe, Asia and Africa, one person said. Six other people familiar with the matter also confirmed Samsung's planned global headcount reduction.