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Qualcomm layoffs: Chipmaker to cut jobs globally from November after performance reviews

Qualcomm layoffs: Chipmaker to cut jobs globally from November after performance reviews

·Excerpt
Qualcomm layoffs: Chipmaker to cut jobs globally from November after performance reviews
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Qualcomm will cut jobs across its global workforce as part of a performance-focused restructuring following its annual employee reviews, with notifications expected to begin in November, Reuters reported on Tuesday.The report cited a memo from chief executive Cristiano Amon to employees. It did not specify the number of positions that would be eliminated.Amon said the proposed move was aimed at building a stronger performance culture and addressing cases where employees had consistently fallen short of expectations. The company will consider…

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