Samsung cuts US jobs as headquarters moves to Texas, 739 roles affected

Samsung Electronics has cut jobs in its US consumer electronics business, affecting workers in its display, mobile phone and other consumer electronics divisions. The job cuts mainly affected employees in New Jersey and Texas.

Samsung Electronics America (SEA), which handles Samsung’s consumer electronics business in the US, is moving its headquarters from New Jersey to Texas, Samsung told Reuters. Samsung said 739 jobs in Englewood Cliffs, New Jersey, have been affected because of the headquarters move, according to the company’s statement.