Posted on 07/19/2026 10:44:02 AM PDT by DFG
Samsung Electronics 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.
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.
At SEA’s Plano, Texas office, some 100 workers including staff in its mobile division, have been let go, according to one person who said they were among the employees laid off. Sources declined to be identified because of the sensitivity of the issue.
The cuts — though related to the shift in headquarters — underscore diverging fortunes within the South Korean tech giant with its chip division skyrocketing to record profit but its consumer electronics units languishing as chip costs surge.
Samsung’s decision to shift SEA’s headquarters is striking because SEA employees in New Jersey only moved to new offices with much fanfare less than a year ago. SEA employs about 1,200 workers in the Garden State, according to a press release by US Rep. Josh Gottheimer, D-N.J., who attended an event to mark the opening of the new offices in September.
While the precise extent of the layoffs at SEA could not be learned, documents seen by Reuters show that the unit notified some employees on June 30 of an “enterprise-wide reduction-in-force,” adding that there were a “significant number of impacts.”
(Excerpt) Read more at nypost.com ...
안녕히 계세요
It’s good for Texas economically for these jobs to be moved there. But it also drags the liberal workers and their attitudes along with it.
Maybe eventually the tri state area will rise up and realize businesses and jobs are leaving because of their outrageous taxes and socialist agenda.
Embrace the Suck, Suckers.
Companies leaving New Jersey recently:
Mars Wrigley: Moving U.S. headquarters functions out of Newark to Chicago, eliminating 307 jobs by October 2026.
Samsung Electronics America: Relocating its U.S. corporate headquarters from Englewood Cliffs to Plano, Texas, shifting 1,200 jobs.
ExxonMobil: Severing its 144-year incorporation ties to New Jersey by officially moving its legal incorporation to Texas.
Bristol Myers Squibb: Shifted 1,700 jobs to Massachusetts.
Verizon: Shifted 1,319 jobs out of state to Texas and New York City.
Johnson & Johnson: Cut 620 roles in New Jersey, shifting operations to North Carolina and Pennsylvania.
Anheuser-Busch: Announced the closure and sale of its iconic Newark brewery.
Don’t bring any Democrat voters to Texas.
No, not a chance.
Taxes will skyrocket, they have to because government unions gave themselves very generous pension benefits when they negotiated with themselves, and there is no other way to meet those obligations. Fortunately for the government workers, they also foresaw this and modified the constitution so government MUST pay them. So the future of NJ is - Services disappear and taxes skyrocket until the whole state fails.
Out of the frying pan ...into the fire
People arrive at a mosque to attend Friday prayers, in Plano, Texas, on April 11, 2025. EPIC city is a planned large-scale development project that will not have its own government. It has been marketed as an exclusively Muslim community that will serve as the epicenter of US Islam. 
And in half a dozen locations throughout Texas.
In the south we'd call that 'jumping out of the frying pan into the fire'.
Not sure what the board of directors are using, but they probably should quit.
Hopefully the current employees will opt for unemployment rather than relocate to HOT, BUG INFESTED, BACKWARD, HILLBILLY Texas.
I suspect they offered the job to those people in TX, and those that refused, were terminated with a severance but the media wont report that.
Great. That's just great.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.