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Corporate layoffs stories

Jul 18, 2026

Samsung Electronics America to reduce workforce by 739 in New Jersey

Samsung Electronics America is cutting 739 jobs in Englewood Cliffs, New Jersey, according to a Worker Adjustment and Retraining Notification (WARN) notice reviewed by Reuters.

Jul 18, 2026·1 source
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Jun 26, 2026

Biogen Scales Back Apellis Programs and Cuts Research Roles Following $5.6 Billion Acquisition

Biogen has paused or discontinued funding for most of Apellis Pharmaceuticals' research programs and is trimming research positions as it integrates the rare-disease drugmaker it acquired for $5.6 billion.

Jun 26, 2026·1 source
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Top claims

  • ▪The company said it was incorrect to characterize the workforce changes as layoffs
  • ▪Samsung Electronics America is relocating its headquarters from New Jersey to Texas by the end of this year
  • ▪The changes are intended to align roles with key business priorities and may affect employees unable to relocate

Subtopics

Labor displacement1Pharma1

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