Qualcomm will implement a global reduction in workforce following its annual employee reviews. CEO Cristiano Amon communicated this decision to staff via a memo, with notifications scheduled to begin in November. The company aims to foster a stronger performance culture and address areas that have not met expectations. The exact number of affected employees was not disclosed, and the scale of the layoffs remains undetermined. These cuts are influenced by business priorities, organizational needs, and required skill sets.
https://www.reuters.com/business/qualcomm-cut-jobs-worldwide-performance-focused-layoffs-internal-memo-shows-2026-10-20/