Samsung may be laying off a whopping 30% of its workforce

After years of dominating the mobile market, Samsung is finding itself in the unfamiliar position of having shrinking profits due to its increasingly disappointing smartphone sales. This has been happening for a couple of years now, and despite the company’s best efforts, it can’t seem to turn things around, and its future is now more uncertain than ever. That’s why Samsung is reportedly looking to lay off a whopping 30% of its workforce in order to cut costs.