Samsung cuts hundreds of US jobs while AI boom sends chip profits soaring

[midian182]

What just happened? Samsung is cutting hundreds of jobs from its US consumer electronics business as it prepares to move the division's headquarters from New Jersey to Texas. The restructuring comes as the company's semiconductor operation is generating record profits from the AI boom, while the divisions selling phones, TVs, and appliances are struggling with the resulting surge in chip prices.

Samsung Electronics America said 739 roles at its Englewood Cliffs, New Jersey, offices have been affected by the relocation. The majority of those workers have been offered positions in Texas, though others have been laid off. Around 100 employees at Samsung's Plano, Texas, site, including staff from the mobile division, have also reportedly lost their jobs.

Samsung Electronics America employs about 1,200 people in the state of New Jersey, meaning the 739 affected roles represent more than 60% of its local workforce. Internal documents sent to employees on June 30 described an enterprise-wide reduction in force with a significant number of impacts.

Surprisingly, employees only moved into the Englewood Cliffs offices last September. The facility replaced Samsung's former Ridgefield Park headquarters, which had served the Korean giant since 1992.

Samsung said the Texas move is designed to bring more teams together, improve collaboration, and align jobs with its priorities. The company insists there is no broad global restructuring underway in its consumer products business. However, employees are reportedly concerned that more cuts could follow, alongside a possible consolidation of the appliance, home entertainment, and mobile divisions.

The layoffs highlight the increasingly paradoxical situation inside Samsung. Its memory business is benefiting enormously from hyperscalers buying almost every advanced chip they can obtain. Samsung expects second-quarter operating profit to reach 89.4 trillion won, around $58.4 billion, almost 19 times the figure from a year earlier.

It was recently reported that Samsung expects to earn more profit in 2026 than its semiconductor division generated during the previous 40 years combined. Its chip profit jumped almost 50-fold year-over-year during the first quarter, accounting for around 94% of the company's total operating profit.

The same AI-driven shortage is hurting Samsung's consumer products. Rising DRAM and NAND prices are increasing the cost of building smartphones and other electronics, and Samsung's mobile division could post its first-ever loss despite strong Galaxy S26 sales. Competition from Apple in phones and Chinese brands such as TCL and Hisense in televisions and appliances has added further pressure.

Samsung employed 11,770 people in the United States at the end of 2025, including staff in its semiconductor division. Its US chip operations already have a substantial Texas presence, including facilities in Austin and Taylor, while Plano serves as a mobile hub.

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Samsung cuts hundreds of US jobs while AI boom sends chip profits soaring

 

[yRaz]

I mean, it could simply be that~1/3 of the people didn't want to relocate. Many people have a partner with another job and kids established in their school district. That's not the same as cutting jobs and I didn't read anywhere in the article to say it was layoffs vs not relocating. There is often an offer when companies move where people are offered a severance or can accept a layoff if they choose not to relocate.

 

[dualkelly]

I mean, it could simply be that~1/3 of the people didn't want to relocate. Many people have a partner with another job and kids established in their school district. That's not the same as cutting jobs and I didn't read anywhere in the article to say it was layoffs vs not relocating. There is often an offer when companies move where people are offered a severance or can accept a layoff if they choose not to relocate.

Also Texas is literal hell if you value any climate that isnt going to melt your face off, any amount of women's rights and as you said school districts as New Jersey consistently ranks as one of the top states in the nation for public education (often #1 or #2) where you Texas is trying to force the bible down every students throats and just recently used 58,000 cameras nation wide without a warrant to track a woman who had an abortion.

 

[yRaz]

Also Texas is literal hell if you value any climate that isnt going to melt your face off, any amount of women's rights and as you said school districts as New Jersey consistently ranks as one of the top states in the nation for public education (often #1 or #2) where you Texas is trying to force the bible down every students throats and just recently used 58,000 cameras nation wide without a warrant to track a woman who had an abortion.

I dont hate Texas but I definitely wouldn't want to live there. I like Austin and I think most stories are exaggerated, but I have a feeling that Flordia Man's parents are from Texas.

 

[JMGuy]

Also Texas is literal hell if you value any climate that isnt going to melt your face off, any amount of women's rights and as you said school districts as New Jersey consistently ranks as one of the top states in the nation for public education (often #1 or #2) where you Texas is trying to force the bible down every students throats and just recently used 58,000 cameras nation wide without a warrant to track a woman who had an abortion.

It’s also home to some of the nicest and happiest people I’ve ever met; many of whom are women. Every place has its problems; nowhere is perfect.

Pretty clear you don’t live there; I’d suggest expanding your worldview to include not judging an entire state, and by extension its residents, from an echo-chamber of political headlines.

 

[dualkelly]

It’s also home to some of the nicest and happiest people I’ve ever met; many of whom are women. Every place has its problems; nowhere is perfect.

Pretty clear you don’t live there; I’d suggest expanding your worldview to include not judging an entire state, and by extension its residents, from an echo-chamber of political headlines.

Ha shows what you know not only was I born in Texas I just spent the last 3 years working in McAllen in fact with the nun who just got arrested by ice for going to mass while being black. I am well verse in Texas politics. I was simply going by metrics not judging all the people in Texas. New Jersey is objectively a better place to raise a child. Data supports that not conjecture.

 

[psycros]

Ha shows what you know not only was I born in Texas I just spent the last 3 years working in McAllen in fact with the nun who just got arrested by ice for going to mass while being black. I am well verse in Texas politics. I was simply going by metrics not judging all the people in Texas. New Jersey is objectively a better place to raise a child. Data supports that not conjecture.

Nobody gets arrested based on their race unless its because they match the description of a known perp. Grow up.

 

[Endymio]

Also Texas is literal hell if you value any climate that isnt going to melt your face off, any amount of women's rights and as you said school districts as New Jersey consistently ranks as one of the top states in the nation for public education (often #1 or #2) where you Texas is trying to force the bible down every students throats and just recently used 58,000 cameras nation wide without a warrant to track a woman who had an abortion.

Where would the fascist Left be without lies and disinformation, eh? Currently, millions of women are fleeing Blue states like California and New Jersey to move to Texas, where they know they'll be safe from men being allowed into their restrooms and locker changing rooms.

As for your absurd tale of a poor woman "being tracked without a warrant", you left out some facts:

"...Sheriff Adam King of the Johnson County Sheriff’s Office said that the woman self-administered an abortion “and her family was worried that she was going to bleed to death, and we were trying to find her to get her to a hospital.”

“We weren’t trying to block her from leaving the state or whatever to get an abortion,” he said. “It was about her safety.”

But in the end it comes down to affordability:

$600K home in TX

Million-dollar home in NJ:

 

[JamesBlond]

Also Texas is literal hell if you value any climate that isnt going to melt your face off, any amount of women's rights and as you said school districts as New Jersey consistently ranks as one of the top states in the nation for public education (often #1 or #2) where you Texas is trying to force the bible down every students throats and just recently used 58,000 cameras nation wide without a warrant to track a woman who had an abortion.

Liberals cry...non top crying, moaning, crying, make nothing don't give back to society, don't do anything but live off others hard work, steal, kill, destroy, blame others for every failure they create.. never ending story

 

[torvuswalds]

Liberals cry...non top crying, moaning, crying, make nothing don't give back to society, don't do anything but live off others hard work, steal, kill, destroy, blame others for every failure they create.. never ending story

Cool story bro.

 

[wiyosaya]

Where would the fascist Left be without lies and disinformation, eh? Currently, millions of women are fleeing Blue states like California and New Jersey to move to Texas, where they know they'll be safe from men being allowed into their restrooms and locker changing rooms.

As for your absurd tale of a poor woman "being tracked without a warrant", you left out some facts:

"...Sheriff Adam King of the Johnson County Sheriff’s Office said that the woman self-administered an abortion “and her family was worried that she was going to bleed to death, and we were trying to find her to get her to a hospital.”

“We weren’t trying to block her from leaving the state or whatever to get an abortion,” he said. “It was about her safety.”

But in the end it comes down to affordability:

$600K home in TX

Million-dollar home in NJ:

This is rich from an expert in disinformation.
Try some reality -

https://www.realtor.com/realestateandhomes-search/Texas/price-na-600000?msockid=3f7d8eb54a3b66a739179f584b6d67f0

https://www.realtor.com/realestateandhomes-search/New-Jersey/type-multi-family-home,condo,mfd-mobile-home,single-family-home,townhome/price-na-600000?msockid=3f7d8eb54a3b66a739179f584b6d67f0

 

[Strontium]

Where would the fascist Left be without lies and disinformation, eh? Currently, millions of women are fleeing Blue states like California and New Jersey to move to Texas, where they know they'll be safe from men being allowed into their restrooms and locker changing rooms.

As for your absurd tale of a poor woman "being tracked without a warrant", you left out some facts:

"...Sheriff Adam King of the Johnson County Sheriff’s Office said that the woman self-administered an abortion “and her family was worried that she was going to bleed to death, and we were trying to find her to get her to a hospital.”

“We weren’t trying to block her from leaving the state or whatever to get an abortion,” he said. “It was about her safety.”

A good liberal never lets facts get in the way of an argument or a headline.

 

[Endymio]

This is rich from an expert in disinformation.
Try some reality - (links omitted)

Thanks for links proving me correct. Most of the listings in your NJ link aren't even houses, but condos and duplexes. I did find this one for $310K.

Or for the same price you can buy this one in Dallas:

The average home price in NJ in 2025 was $580K, whereas in TX it is $303K, despite the homes averaging larger in square footage.

 

[axiomatic13]

Native Texan here. If any of these Samsung employees plan on having babies? Don't move to Texas. Seriously, don't do it. Even white women in Texas are having trouble getting a DNC for an entopic pregnancy. Texas laws say treatments for miscarriages, ectopic pregnancies remain legal but leave lots of space for confusion

 

[Endymio]

If any of these Samsung employees plan on having babies? Don't move to Texas. Seriously, don't do it. Even white women in Texas are having trouble getting a DNC for an entopic pregnancy.

Personally I support abortion access, but unlike today's fascist Left, I'm not willing to lie for the cause. As your own article points out:

"If... anybody is delaying or denying care for ectopic pregnancy, they are simply misunderstanding the law...”

In fact, because so many strident Leftists claimed "doctors were confused" by the first draft of the Texas law in 2022, the state redrafted it to specifically clarify that these procedures were legal whenever medically called for."

And can the racist "even white women" talk. This isn't your Friday night KKK rally.

 

[torvuswalds]

Personally I support abortion access, but unlike today's fascist Left, I'm not willing to lie for the cause. As your own article points out:

"If... anybody is delaying or denying care for ectopic pregnancy, they are simply misunderstanding the law...”

In fact, because so many strident Leftists claimed "doctors were confused" by the first draft of the Texas law in 2022, the state redrafted it to specifically clarify that these procedures were legal whenever medically called for."

And can the racist "even white women" talk. This isn't your Friday night KKK rally.

Are we fascists or are we communists? I'm confused

 

[torvuswalds]

A good liberal never lets facts get in the way of an argument or a headline.

Well hello there Endymios alt, nice seeing you here

 

[airbornex]

Employees moved into the New Jersey offices last September, and Samsung is already relocating the operation. That is an impressive amount of corporate planning compressed into ten months.

Samsung is experiencing the AI boom from both directions. Its semiconductor business is printing money, while its phone, television, and appliance divisions have to pay the inflated prices that created those profits.

 

[axiomatic13]

Personally I support abortion access, but unlike today's fascist Left, I'm not willing to lie for the cause. As your own article points out:

"If... anybody is delaying or denying care for ectopic pregnancy, they are simply misunderstanding the law...”

In fact, because so many strident Leftists claimed "doctors were confused" by the first draft of the Texas law in 2022, the state redrafted it to specifically clarify that these procedures were legal whenever medically called for."

And can the racist "even white women" talk. This isn't your Friday night KKK rally.

Here you go big boy. Defend this? https://www.bbc.com/news/world-us-canada-65935189

 

[Endymio]

Here you go big boy. Defend this? https://www.bbc.com/news/world-us-canada-65935189

Learn to read: she wasn't denied an abortion over the laws in Texas -- which clearly allow medical intervention in such cases, no matter at what point during pregnancy. In fact because of far-Left claims like this, the law was specifically rewritten to instruct doctors on this point.

There are 195 nations in the world, 194 of which ban abortion at some point in the pregnancy, and most limit it the first trimester. Amanda Zurawaski was well into her second trimester, and so any doctor confused enough to believe an "abortion ban" prevented this procedure would have faced the same problem in any of those nations as well.

Stories like this BBC balderdash are yellow journalism, written to inflame the emotions of the perpetually gullible.