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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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Samsung has cut jobs across its U.S. consumer electronics business as it prepares to move Samsung Electronics America's headquarters from New Jersey to Texas by the end of the year, with a WARN notice listing 739 affected roles at its Englewood Cliffs offices and roughly 100 workers let go at its Plano, Texas, site, according to a Reuters report . Go deeper with TH Premium: Memory (Image credit: SK Hynix) AI data centers are swallowing the world's memory and storage supply The future of DRAM: From DDR5 to future ICs High-bandwidth memory roadmap Here's why HBM is coming for your PC's RAM Samsung told the outlet on Sunday that a majority of the affected New Jersey employees received relocation offers, while others were let go. SEA runs U.S. sales and marketing for Samsung's smartphones, TVs, displays, and home appliances, and doesn't include the company's semiconductor operations.…

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