Qualcomm Announces Global Performance-Based Layoffs Amid AI Data Center Push

Qualcomm CEO Cristiano Amon announced global performance-based layoffs starting in November, without disclosing numbers, as the company pivots toward AI data centers with a $5 billion revenue target by 2027 amid memory price pressures on its consumer electronics business.

2026-10-20 ~ 2026-10-21 · 3 related posts

• Qualcomm to cut jobs globally in performance-focused reduction, layoffs start November — firstadopter · 2026-10-20
• Qualcomm plans worldwide performance-based layoffs as it chases $5B AI data center revenue — rohanpaul_ai · 2026-10-21
• Qualcomm to cut jobs worldwide after performance reviews as memory prices bite — rohanpaul_ai · 2026-10-21