Samsung Cuts 739 US Jobs as HQ Moves to Texas

Samsung Electronics America is cutting 739 jobs in New Jersey and about 100 in Texas as it moves its US consumer electronics headquarters from Englewood Cliffs to Texas by the end of 2026. Source: thenextweb The company says most affected employees received relocation offers. Source: gizmodo

Job cuts and relocation

The layoffs, disclosed in a WARN notice, affect roughly 62% of Samsung's 1,200-person New Jersey workforce at the Englewood Cliffs campus, which opened only last September. Source: tomshardware Approximately 100 additional roles were cut in Plano, Texas, according to Reuters. Source: cna Samsung stated that the relocation is intended to foster "stronger collaboration and optimize the organization." Source: ground-news However, employees worry about further cuts and consolidation of consumer divisions. Source: tomshardware

A tale of two Samsungs

The consumer electronics arm's struggles contrast sharply with Samsung's chip division, which posted a record $58.5 billion quarterly operating profit, a 19-fold year-on-year jump driven by AI demand. Source: tomshardware Meanwhile, the mobile division faces its first-ever quarterly loss, squeezed by Apple competition and rising memory costs from its own chip unit. Source: thenextweb This internal tension highlights the uneven impact of the AI boom across Samsung's businesses.