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

Gizmodo
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Samsung laid off approximately 839 employees in its U.S. consumer electronics divisions, including display and phone operations, amid struggles in that sector despite booming profits in its chip and memory business driven by AI demand. The layoffs affected mainly sales and marketing roles, with many employees offered relocation. Meanwhile, Samsung's chip division in South Korea saw strong profits and worker strikes leading to significant bonuses.

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