Samsung to Lay Off Thousands Globally, Including 125 in Ridgefield Park

Oct 1, 2024, 03:27 PM

Samsung Electronics America will lay off 125 employees in Ridgefield Park, New Jersey, on December 26, 2024, as indicated in a WARN notice. The company is implementing worldwide layoffs, which will affect thousands of jobs. The layoffs are part of a cost efficiency program and will impact workers in Southeast Asia, Australia, New Zealand, and the United States. Reports indicate that up to 10% of the workforce in some markets could be affected.