Samsung: 839 jobs cut
Samsung Electronics has announced the layoff of 839 employees in the US as it relocates its headquarters from New Jersey to Texas. The layoffs primarily affect workers in its consumer electronics division, which is facing rising costs and competition, while the company benefits from strong demand in its chip business driven by AI. The announcement was made on June 30, 2023.
Conservative
0
Core Estimate
629
Upper Bound
839
Sources
Samsung cuts hundreds of jobs in US; shifts headquarters from New Jersey to … - The Times of India
Samsung cuts hundreds of jobs in US; shifts headquarters from New Jersey to … - The Times of India Edition IN English Sign In - News - Samsung cuts hundreds of jobs in US; shifts headquarters from New Jersey to … # Samsung cuts hundreds of jobs in US; shifts headquarters from New Jersey to … Comments Share AA +Text Size - Small - Medium - Large Samsung Electronics has cut hundreds of jobs across its US consumer electronics business as it relocates its headquarters from New Jersey to