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AI's left hand begins to take away jobs before its right hand can
Samsung India announced a downsizing of its electronics division as soaring chip prices and rising AI-driven demand for specialized chips increase memory costs. The higher expenses are forcing companies to divert funds to AI infrastructure, tightening payroll budgets and potentially leading to job cuts.
Economic Times Jobs, Hiring & Careers
8 Sept 2026
SamsungAIchip prices