Samsung

Taking a Stand Against Samsung's Layoffs: A Personal Reflection on the 10 Most Significant Corporate Layoffs of the Past Decade

Hazem Abbas

Oct 12, 2024 — 3 min read

Photo by Hunters Race / Unsplash

As a freelance developer focused on medical and web applications, the recent news about Samsung's layoffs hit hard.

Over the past decade, corporate layoffs have become a disturbing trend, affecting thousands and destabilizing economies.

Major companies, like General Electric, Ford, and IBM, have made headlines for substantial workforce reductions, leading to increased unemployment and reduced consumer spending.

The Most Notable corporate layoffs over the past decade

General Electric (2017): Cut 12,000 jobs globally, affecting morale and productivity. Contributed to the company's financial struggles.
IBM (2019): Laid off 18,000 employees, leading to public criticism and concerns about innovation and workforce stability.
Ford (2020): Reduced workforce by 7,000, resulting in diminished consumer trust and questions about the company's future.
Airbnb (2020): Laid off 1,900 employees, sparking widespread media coverage and a significant impact on the travel industry.
Disney (2020): Announced layoffs of 32,000 workers, exacerbating issues in the entertainment sector during the pandemic.
Microsoft (2022): Cut 10,000 jobs, causing ripples in the tech industry and raising concerns about future innovation.
Amazon (2023): Laid off over 18,000 employees, leading to discussions about the sustainability of rapid growth in tech.
Meta (2023): Cut 10,000 jobs, raising concerns about privacy and data management in the social media landscape.
Tesla (2023): Laid off 6,000 employees, leading to uncertainty in the electric vehicle market and its future growth.
Samsung (2023): Potential layoffs could severely affect employee morale, brand loyalty, and the overall perception of the tech giant.

Personal Decision to Boycott

Samsung's decision, if implemented, shows a lack of regard for its employees and the wider community. This isn't just about numbers; it's about real lives and families impacted by corporate decisions.

I firmly believe in supporting companies that value their workforce, which is why I am taking a stand to boycott Samsung if they proceed with these layoffs.

It's time we advocate for fair treatment of employees, ensuring that their contributions are recognized and valued.