When Samsung faced numerous crises, the executives were laid off.

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Samsung has initiated a comprehensive restructuring in its semiconductor division to cope with the crises it has faced recently. This process, focused on the DS (Device Solutions) division, is seen as an effort by the company to recover in areas where it has lost its competitive edge.

Falling behind its competitors in the semiconductor foundry sector, Samsung is struggling to compete with SK Hynix in memory products. Additionally, the pressure from Chinese manufacturers on its older products has necessitated more aggressive steps from the company.

SENIOR EXECUTIVES ARE BEING FIRED

According to Sammobile, Samsung has dismissed several senior executives during this process. Market observers indicate that the company's CEO Jang Deok-hyun, DS Vice President Jin-man, and CTO Song Jae-hyuk may also be removed from their positions. As part of the restructuring, it is planned to rotate employees and incorporate new talents into the organization.

Samsung Electronics President Jay Y. Lee emphasized his confidence that the company can overcome this challenging period. Lee stated that an injection of talent is necessary to enhance the company's competitiveness in its core business areas.