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Samsung Shifts US HQ to Texas, Cuts 739 NJ Jobs

7/20/2026

26 5 Full Breakdown

Summary

Samsung Moves HQ

Samsung Electronics is moving its U.S. consumer-electronics headquarters from Englewood Cliffs, New Jersey, to Texas by year-end.
The WARN notice lists 739 positions at the New Jersey campus—over 60 % of its 1,200-person workforce—to be eliminated, while about 100 Plano, Texas staff, including mobile workers, have been laid off.
Samsung says most New Jersey employees received relocation offers and the remainder were terminated.

Summary

Samsung Leaves NJ

The New Jersey Department of Labor’s WARN notice lists 739 Englewood Cliffs staff and 179 Ridgefield Park employees as affected on September 30 2026 and October 1 2026, totaling 918 workers.
Employees began working in the Englewood Cliffs office in July 2025, less than a year before Samsung announced its departure.
The departure follows a June 1 2026 Yonhap report that Samsung planned to move its U.S. headquarters to Plano, Texas later that year.

History

Historical Context

In 2005 Nissan North America moved its headquarters from Gardena, California to Franklin, Tennessee, a shift that foreshadowed its 2015 decision to relocate the U.S. HQ from New Jersey to Smyrna, cutting roughly 1,200 jobs. Samsung’s 2026 plan to move its hub from Englewood Cliffs, New Jersey to Plano, Texas, mirrors this pattern of firms chasing lower taxes and costs, prompting New Jersey to rethink its incentive strategy.

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Samsung Moves HQ

Samsung Electronics is moving its U.S. consumer-electronics headquarters from Englewood Cliffs, New Jersey, to Texas by year-end.
The WARN notice lists 739 positions at the New Jersey campus—over 60 % of its 1,200-person workforce—to be eliminated, while about 100 Plano, Texas staff, including mobile workers, have been laid off.
Samsung says most New Jersey employees received relocation offers and the remainder were terminated.

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