Samsung Electronics is preparing to cut 10% of its headquarters staff, according to Bloomberg.
The company is reportedly targetting workers in areas such as human resources, finance and public relations.
Samsung recently "adjusted" the prices of the new Galaxy S6 and S6 Edge phones after demand was not as strong as previously anticipated.
The company's sales sat at around 206 trillion won in 2014 but are expected to fall to around 200 trillion won this year as Apple releases another iPhone and updated tablets which continue to be strong performers globally, eroding Samsung's share of the market.