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The Economic Times

Top News / The Economic Times

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Samsung cuts US jobs, offers relocations ahead of HQ move

Samsung Electronics has reduced jobs in its United States consumer electronics divisions. Many workers in New Jersey and Texas were affected by this significant workforce restructuring. The company is relocating its headquarters from New Jersey to Texas. This move impacts display, phone, and other consumer electronics operations. The company's chip division is experiencing strong growth while consumer electronics face challenges.

19 Jul 2026 10:06 am