Samsung Executives Ordered to Work Six Days a Week
Samsung Group in South Korea has implemented a mandatory six-day workweek for its executives in the manufacturing and sales divisions. The decision, which comes amid ongoing economic challenges, aims to improve the company’s financial performance.
The move has sparked discussion, as it goes against the global trend of shorter workweeks. In recent years, several countries have piloted or implemented four-day work schedules, citing potential benefits for employee well-being and productivity.
Contrasting Global Trend
Samsung’s six-day mandate stands in contrast to a growing movement in nations such as Belgium, the United Arab Emirates, and New Zealand, where governments are actively exploring and implementing four-day workweeks. Research has shown that shorter workweeks can lead to reduced stress levels, improved employee morale, and increased productivity.
Elon Musk’s Leaked Memo
Meanwhile, Tesla CEO Elon Musk has sent a leaked memo to staff outlining potential job cuts at the electric vehicle maker. The memo follows months of speculation and comes as Tesla has grown rapidly in recent years.
The memo highlights the company’s efforts to identify non-essential roles and improve efficiency, underscoring the ongoing challenges faced by tech companies amid the current economic climate.
