Qualcomm has announced that it will lay off over 1,000 employees, primarily in its Santa Clara and San Diego offices in California. The layoffs are part of a restructuring exercise due to uncertainties in the macroeconomic and demand environment. The job cuts amount to 2.5% of Qualcomm’s total workforce, which is roughly around 51,000.
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Qualcomm is laying off more than 1,000 employees: All the details
Qualcomm has announced that it will lay off over 1,000 employees, primarily in its Santa Clara and San Diego offices in California. The layoffs are part of a restructuring exercise due to uncertainties in the macroeconomic and demand environment. The job cuts amount to 2.5% of Qualcomm’s total workforce, which is roughly around 51,000.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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