Two major technology companies are planning significant workforce reductions in New Jersey. Verizon Corporate Resources Group, LLC and Samsung Electronics America, Inc. have both submitted layoff notices to the state. Verizon's filing indicates potential job losses for 282 employees. Samsung's notice details 739 layoffs as it relocates its headquarters. These actions are part of broader corporate restructuring and relocation efforts.
https://finance.yahoo.com/technology/articles/more-1-000-layoffs-planned-122451040.html