Global Edition
Global Edition
UK Edition
EU Edition
US Edition

Verilumia

The Daily Verified Briefing

Markets

Samsung lays off 739 U.S. workers as HQ moves to Texas

Published 20 July 2026

Samsung Electronics has laid off hundreds of employees in the United States as it relocates its American headquarters from New Jersey to Texas, a move that underscores the diverging fortunes of its booming semiconductor division and its struggling consumer electronics business.

0:00 / 0:00