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

The layoffs are concentrated in Samsung's consumer electronics operations, including its display, phone, and other related divisions. The move comes as Samsung's semiconductor and memory chip business is reportedly 'profiting massively' from demand driven by artificial intelligence.

The layoffs appear to reflect a divergence in Samsung's financial performance across its business units. While the chip division benefits from the AI boom, the smartphone and consumer electronics arm has faced competitive pressure and slowing demand. The 839 figure is described as 'roughly' by Gizmodo, and the cuts affect workers across multiple U.S. locations.

Samsung has not publicly commented on the layoffs beyond the internal announcements cited in the report. The company's stock price did not show significant movement following the news. The layoffs are part of broader cost-cutting measures by the company's consumer technology division.