Qualcomm plans performance-based job cuts worldwide after November reviews

Seekingalpha+1 · 5 hours ago
Qualcomm plans performance-based job cuts worldwide after November reviews
  • Reuters reports Qualcomm will cut jobs worldwide in performance-focused layoffs, according to an internal memo.
  • CEO Cristiano Amon told employees about the layoffs in a memo, citing the reduction will follow annual employee reviews conducted in November.
  • The memo does not give a headcount or cost figure in the supplied sources.