Qualcomm

Total Affected

1,751

Total Events

5

Layoff History

9/19/2024US

226

affected

Qualcomm, a chipmaker for smartphones, announced layoffs of 226 workers in San Diego, effective the week of November 12, as part of a normal course of business to prioritize investments and align resources for diversification opportunities. This follows layoffs of over 1,250 workers less than a year earlier.

10/12/2023US

1,258

affected

Qualcomm, a major semiconductor manufacturer, is laying off approximately 1,258 employees in California, affecting its offices in San Diego and Santa Clara. These cuts, representing about 2.5% of its roughly 51,000-person workforce, are set to take effect around mid-December 2023. The company cites macroeconomic uncertainty and a challenging demand environment as reasons, framing the layoffs as part of broader restructuring efforts to focus on key growth areas. No facility closures are planned at the impacted locations.

2%
6/16/2023US

84

affected

Qualcomm laid off 84 employees on 2023-06-16.

5/23/2023US

30

affected

U.S. chip giant Qualcomm is laying off around 30 employees in Israel, representing approximately 5% of its local workforce there. This move, reported in May 2023, is part of a broader series of cutbacks at the semiconductor company. Qualcomm maintains two R&D centers in Israel and continues its activity in the country through investments and acquisitions, such as the recent purchase of Autotalks. The layoffs reflect ongoing adjustments within the tech industry amid economic uncertainties.

12/22/2022US

153

affected

Qualcomm, a leading wireless technology and semiconductor giant, is laying off 153 employees in San Diego, representing about 1% of its 12,500-person workforce in the region. The cuts, effective in February 2023, are part of broader cost-reduction measures amid a global slowdown in smartphone demand. The company, which employs 51,000 worldwide, had previously implemented a hiring freeze and lowered its sales forecast, citing a significant drop in smartphone sales and bloated chip inventories across the industry. This move reflects wider challenges in the tech and semiconductor sectors as companies adjust to reduced consumer spending and economic uncertainty.