Qualcomm plans global job cuts under performance-based restructuring
- Qualcomm will cut jobs worldwide in a performance-based restructuring, with notifications starting in November.
- • CEO Cristiano Amon’s memo did not say how many jobs will go, citing a need for a stronger performance culture.
- Qualcomm had about 52,000 staff as of September 2025, and its phone chip business faces weak demand.
- It expects data centres and other non-phone businesses to offset lost revenue by fiscal 2027.
Source: livemint.com
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