Qualcomm to cut jobs worldwide in performance-focused layoffs
Qualcomm announced global job cuts in a "performance-focused reduction" following annual reviews, CEO Cristiano Amon informed staff. The layoffs aim to foster a stronger performance culture and address ongoing underperformance. Notifications will begin in November, but the number of affected jobs remains unspecified, with Qualcomm employing around 52,000 people as of September 2022.