Qualcomm to cut jobs globally in performance-focused reduction, layoffs start November

firstadopter · x · 2026-10-20

Qualcomm CEO Cristiano Amon told staff in a memo reviewed by Reuters that the company will cut jobs globally in a "performance-focused reduction" tied to its annual employee reviews, with notifications beginning in November. Amon framed the cuts as building "a stronger performance culture" and addressing areas where the company "has consistently fallen short of expectations."

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