this post was submitted on 09 Jul 2026
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If history has taught us anything, Samsung will soon cut 5,000 jobs as part of “essential restructuring”.
This was supposed to be satire but I just saw 10 days ago they laid off or notified intended dismissal of 1,000 people.
Yay for capitalism!
Samsung is huge, were those people in the memory business, somewhere else in Electronics, or in some other part of Samsung like insurance or construction?
I’ve clicked off the article now but most was due to Samsung Electronics headquarters moving from New Jersey to Texas and then some in India.