Qualcomm to cut jobs worldwide after performance reviews as memory prices bite

rohanpaul_ai · x · 2026-10-21

Qualcomm CEO Cristiano Amon announced a "performance-focused reduction" in a memo, with layoff notices starting in November and no headcount given. The company had about 52,000 employees as of September 2025, and soaring memory prices have reportedly hurt its consumer electronics business.

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