Tuesday, August 26, 2025
HomeNewQualcomm lays off hundreds of workers

Qualcomm lays off hundreds of workers

Published on

spot_img


FILE PHOTO: Chipmaker Qualcomm has said that it will lay off 226 workers in San Diego later in the year. 
| Photo Credit: Reuters

Chipmaker Qualcomm has said that it will lay off 226 workers in San Diego later in the year. A California WARN notice first published the news this week stated that the layoffs will take effect on November 12. 

While the company still hasn’t confirmed which teams will be impacted, the layoffs will be across 16 facilities in San Diego, which are also the headquarters.

“Our leading technology and product portfolio has positioned us to execute on our diversification strategy. As part of a normal course of business, we prioritize and align our investments, resources, and talent to ensure we are optimally positioned to take advantage of the unprecedented diversification opportunities in front of us,” 
Kristin Stiles, a spokesperson of the company stated.

Last year, Qualcomm had fired 1,250 employees. 

For their previous quarterly results, the company reported strong earnings owing to increase in phone chip sales.



Source link

Latest articles

How Aqara smart home devices can create a complete smart shield for your home

Creating a smart, secure home isn’t just about picking up the latest smart...

Flutter Shuts Down Online Games In India After Legal Change

Dublin-based online betting company Flutter...

AI chatbots inconsistent in handling suicide-related queries, says study

A study of how three popular artificial intelligence chatbots respond to queries about...

Bitcoin falls over 4% in one week at $110K. Experts hint at potential dip in coming sessions

Bitcoin slipped to $110,186 on Tuesday, down 4.3% over the past week after...

More like this

How Aqara smart home devices can create a complete smart shield for your home

Creating a smart, secure home isn’t just about picking up the latest smart...

Flutter Shuts Down Online Games In India After Legal Change

Dublin-based online betting company Flutter...

AI chatbots inconsistent in handling suicide-related queries, says study

A study of how three popular artificial intelligence chatbots respond to queries about...