Why do some Samsung employees cheer company's stock plunge?
Some Samsung Electronics employees have drawn criticism from online users after appearing to welcome a nearly 9 percent plunge in their company's share price on an anonymous workplace community. Posts written by Samsung Electronics employees on the company's board on Blind, an anonymous community for office workers, spread across online communities and social media Thursday. Blind requires users…
Several Samsung Electronics employees have faced backlash online after seemingly celebrating a nearly 9 percent drop in their company's share price on an anonymous workplace forum. Posts from Samsung employees on the company's board on Blind, a platform for office workers, circulated on Thursday. Blind necessitates users to confirm their employment through their company email addresses, and displays their employer's name alongside their usernames.
According to the Korea Exchange, Samsung Electronics' stock closed Thursday's regular trading at 210,000 won ($147), a 9.48 percent or 22,000 won decline from the previous session. A Samsung employee, identified as posting under the title "Please let the stock plunge to 100,000 won," expressed the hope for the stock price to plummet further.
Another employee, writing under the heading "Isn't a falling stock price actually better for Samsung Electronics employees?", contended from the Device Solutions division's viewpoint that a higher stock price only amplifies the risk associated with OPI2.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Why do some Samsung employees cheer company's stock plunge? koreatimes.co.kr
