Samsung Electronics America to reduce workforce by 739 in New Jersey

Samsung Electronics America will reduce its New Jersey workforce by 739 jobs as it relocates its headquarters to Texas by year-end. The company, which employs about 1,200 in the state, filed a legally required WARN notice but stated the changes are not layoffs, as most affected staff have been offered relocation. The move impacts its consumer electronics division, not its semiconductor business.

New Jersey workforce reduction

• ▪According to a September press release, Samsung Electronics America employs about 1,200 workers in New Jersey.
• ▪The Worker Adjustment and Retraining Notification (WARN) notice is a U.S. law requiring notification for mass layoffs or plant closures.
• ▪Samsung Electronics America is relocating its headquarters from New Jersey to Texas by the end of this year.
• ▪Samsung Electronics America is reducing its workforce by 739 jobs in Englewood Cliffs, New Jersey, according to a WARN notice.

Employee relocation offers

• ▪The changes are intended to align roles with key business priorities and may affect employees unable to relocate.
• ▪Samsung stated that most affected employees in New Jersey have been offered relocation opportunities.
• ▪The company said it was incorrect to characterize the workforce changes as layoffs.

Samsung Electronics America operations

• ▪The workforce changes at Samsung Electronics America do not include its semiconductor business.
• ▪Samsung Electronics America (SEA) handles U.S. sales and marketing for the company's displays, phones, TVs, and home appliances.

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