Qualcomm Layoffs
October 2023
Qualcomm announced a layoff affecting 1,258 employees (2% of its workforce) in October 2023. The company operates in the Hardware sector.
1,258
2%
Oct 12, 2023
About
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.
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