LG planning 30% staff cuts in mobile division?
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LG is reportedly planning to slash the workforce in its mobile phone division by 30 per cent after consistently poor results in the mobile space.
Reuters is reporting that the Korean giant is reacting by slashing the workforce to cut costs, but LG has come out and stated such a decision hasn't been reached as yet:
"We are always looking at opportunities to improve the performance of our mobile business but no decision has been made as to any job reductions," said an LG spokesperson. »read more
More at: TechRadar UK Add additional source
Filed in: Cell PhonesLG