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Business Quote by Euny Hong

“July 1998, CEO Yun and nine other Samsung executives locked themselves up in a hotel and wrote their resignation letters. They made a pact that they would put the letters away for five months, at the end of which they would actually resign if they didn’t cut company costs by 30 percent.” quote by Euny Hong — Download Open image

““July 1998, CEO Yun and nine other Samsung executives locked themselves up in a hotel and wrote their resignation letters. They made a pact that they would put the letters away for five months, at the end of which they would actually resign if they didn’t cut company costs by 30 percent.””

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