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Samsung reportedly cuts some U.S. jobs, offers relocations ahead of HQ move
Samsung Electronics has cut jobs at its U.S. display, phone and other consumer electronics operations â affecting workers mainly in New Jersey and Texas, according to documents and two people familiar with the matter.
The South Korean tech giant said on Sunday in a statement to Reuters that 739 roles in Englewood Cliffs, New Jersey, have been affected by plans by Samsung Electronics America (SEA) â which is focused on consumer electronics and does not include chips â to move its headquarters to Texas.
A majority of people affected have received relocation offers, but others were let go, it added without elaborating.
At SEA's Plano, Texas, office, some 100 workers, including staff in its mobile division, have been let go, according to one person who said they were among the employees laid off. Sources declined to be identified because of the sensitivity of the issue.
Samsung cuts hundreds of US consumer electronics jobs ahead of Texas HQ move — 739 roles affected in New Jersey as chip division posts record profit
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