Qualcomm begins layoffs to support long-term growth: All the details
Global chipmaker Qualcomm has begun layoffs affecting both full-time and temporary employees as “workforce reductions are necessary to support long-term growth and success.” According to reports, Qualcomm may cut 1,500 jobs in California alone. The reports come as Qualcomm struggles to complete its purchase of NXP while meeting its goal of cutting costs by $1 billion, reports Fierce Wireless. “As part of a cost-cutting plan announced in January, Qualcomm is reducing our full-time and temporary workforce. Workforce reductions like this affect not only the employees who are part of the…
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