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Samsung Implements Six-Day Workweeks for Executives Amid Financial Struggles

In response to its worst financial performance in over a decade, Samsung has mandated a six-day workweek for its executives to foster a 'sense of crisis' and drive recovery.

  • Samsung's decision to extend executive workweeks to six days follows a significant drop in profits, with net profit falling 73% in the last quarter of 2023.
  • The new policy, described as entering 'emergency mode,' is a response to poor performance across major units, particularly in the semiconductor sector which saw an $11 billion loss last year.
  • While global trends move towards shorter workweeks, Samsung's strategy contrasts sharply, aiming to enhance productivity and financial results amidst economic challenges.
  • Executives can choose to work either Saturday or Sunday, with this change applying to all Samsung Group units including technology and financial services.
  • The move has sparked discussions on work culture as other regions and companies adopt more flexible working hours, highlighting a divide in workplace norms.
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