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New Samsung Layoffs in the U.S. Show Smartphone Arm's Struggles, Even as It Profits Massively From AI

December 12, 2024 | Gizmodo AI
New Samsung Layoffs in the U.S. Show Smartphone Arm's Struggles, Even as It Profits Massively From AI
A round of layoffs just hit Samsung’s operation in the U.S. In addition to the obvious human dimension as people lose their livelihoods, it’s spotlights a tough reality for Samsung: its consumer tech arm is struggling even as its chip and memory business goes stratospheric. A report from Reuters places the number of layoffs at about 839. Samsung confirmed to Reuters that 739 people were being fired in Englewood Cliffs, New Jersey, and about 100 others were