Thursday, 19 April 2018

Qualcomm to start job cuts

Qualcomm is reported by Bloomberg to be about to cut 1,500 jobs in California. The company has 33,800 full-time and temporary employees. Severance packages have been offered. “Qualcomm is conducting a reduction of our full-time and temporary workforce,”  says a spokesperson. During its fight with Broadcom, Qualcomm told investors it would make $1 billion in cost ...

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from Electronics Weekly https://www.electronicsweekly.com/news/business/qualcomm-start-job-cuts-2018-04/

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