Samsung cuts 739 jobs, Mars lays off 307 workers as NJ loses two major headquarters

⚠️ Mars Wrigley and Samsung are separately moving their U.S. headquarters out of New Jersey.

➡️ The moves account for about 1,000 announced layoffs in Englewood Cliffs and Newark.

🔴 Verizon, JPMorgan Chase and The Cannabist also announced additional NJ job cuts in late July.

New Jersey is losing out on U.S. headquarters of two big employers, which means a combined 1,000 layoffs announced in late July.

The grim news that Samsung Electronics America was taking its main office to Texas, where it already has multiple work operations, first broke in June.

Earlier this month, the company’s IT services affiliate, Samsung SDS America, announced layoffs out of the Ridgefield Park location.

NJ layoffs late July 2026

Samsung's headquarters move adds hundreds of New Jersey layoffs

Now, the other shoe has dropped —as Samsung announced 739 layoffs out of Englewood Cliffs, effective the end of September.

Around the same time, Mars Wrigley has announced it is closing up its newer U.S. headquarters in Newark — and moving it to join the confectioner and snacking giant’s global headquarters in Chicago.

The Mars Wrigley move means 307 layoffs out of Newark, effective by October.

“Following a comprehensive review of our Mars Snacking North American office footprint, we will be sunsetting the Newark Market Hub for Mars Snacking Associates by December 2027, consistent with our previously communicated move to Chicago,” a company spokesperson said to New Jersey 101.5.

“Mars has a rich history in New Jersey. We remain committed to the state and will continue to invest in our operations, including our ongoing innovation and manufacturing work in Hackettstown,” the company statement also said.

The New Jersey roots of Mars go back to the 1940s — while Wrigley’s Illinois history started in 1891, with founder William Wrigley.

Late July brings more layoff announcements across New Jersey

While these two shuttering New Jersey headquarters account for a combined 1,000 job cuts, it’s not the only somber news this month — as the statewide total for 2026 has now topped 10,800 layoffs.

Verizon Corp Resources Group has announced another 282 layoffs, effective October.

JP Morgan Chase announced another 172 layoffs based out of its Jersey City offices — to bring the financial giant’s collective total this year to 477 layoffs, in four rounds, so far.

Also as of late July, 86 layoffs were announced out of Vineland, by marijuana dispensary, The Cannabist, which is going through bankruptcy proceedings and restructuring.

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