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Qualcomm plans global performance-based layoffs from November
What happened
Qualcomm CEO Cristiano Amon told employees in a memo on October 19 that the company will conduct global, performance-based layoffs after completing its annual employee evaluations, with notifications expected to begin in November. The move aims to build a stronger performance culture and address the company's continued failure to meet expectations. The layoffs remain planned; notifications have not yet begun.
Impact and signal
Medium impactImpact score: 60/100
Affected components and suppliers
layoffsworkforce reductionperformance-basedglobal
Source and time
Source: DigiTimes Asia · 10/20/2026 · View original source
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