Samsung cuts US jobs, offers relocations ahead of HQ move
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) — which is focused on consumer electronics and does not include chips — to move its headquarters to Texas.
KS), opens new tab has cut jobs at its US display, phone and other consumer electronics operations — affecting workers mainly in New Jersey and Texas, according to documents and two people familiar with the matter.
N), opens new tab and other tech companies in moving headquarters or major operations to Texas, known for lower taxes and business-friendly regulations.
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