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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Samsung America to Cut 739 Jobs in New Jersey Amid Headquarters Relocation to Texas

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Documents & data New plan
  • Samsung Electronics America plans to lay off 739 employees at its New Jersey headquarters.
  • The layoffs are linked to the company's planned relocation of its consumer electronics headquarters from New Jersey to Texas by the end of the year.
  • Samsung stated that the move may result in personnel structure changes, including some employees not relocating and organizational optimization.

Samsung Electronics America is preparing to significantly reduce its workforce, with plans to lay off 739 employees at its headquarters in Englewood Cliffs, New Jersey. This move is a direct consequence of the company's strategic decision to relocate its consumer electronics division headquarters.

The tech giant intends to shift its headquarters from New Jersey to Texas by the end of 2026. This relocation primarily affects the sales and marketing operations for Samsung's display, smartphone, television, and home appliance products within the U.S. market. The WARN notice, a requirement under U.S. law for mass layoffs, was obtained by Reuters.

In a statement, Samsung Electronics America explained that the headquarters' relocation process could lead to changes in its personnel structure. These changes may include employees being unable to transfer to the new location and necessary organizational optimizations to align with core business needs. The company emphasized that the term "layoff" might not fully capture the situation, as many affected employees have reportedly been offered relocation assistance.

While Samsung stated that the description of the situation as a "layoff" is not entirely accurate and that most affected employees have been offered relocation, the significant reduction in staff at the New Jersey site underscores the impact of the headquarters' move. The company has not disclosed the exact number of positions affected by the organizational optimization beyond the WARN notice figures.

The relocation process may lead to changes in our personnel structure, including certain employees not being able to relocate and organizational optimization to meet our core business needs.

โ€” Samsung Electronics AmericaSamsung Electronics America's statement explaining the reasons behind the workforce changes related to its headquarters relocation.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.