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LayoffsOct 13, 2023
MassMutualCarFan

Qualcomm Cuts Jobs in California in Effort to Reduce Costs

Workforce reductions to come in mid-December chipmaker says Company not commenting on any actions outside of California The company is eliminating 1,258 positions in San Diego and Santa Clara, California, according to submissions to the California Employment Development Department. https://www.bloomberg.com/news/articles/2023-10-12/qualcomm-making-california-job-cuts-in-pledge-to-reduce-costs

Qualcomm Cuts Jobs in California in Effort to Reduce Costs
Qualcomm Cuts Jobs in California in Effort to Reduce Costs
Bloomberg
Intel Szll48 Oct 13, 2023

its a crap company anyways

Cisco #sysco Oct 13, 2023

That’s strong coming from you @intel

Amazon b no I MBB Oct 13, 2023

With Cisco chiming in, looks like it’s a fight at the bottom

MRM TWG_202023 Oct 13, 2023

It just keeps going. With the recent strikes going on with the UAW and the perpetual chip shortage, it makes sense that this would happen. I firmly believe that this will continue well into next year. TC: 105K

Oracle show_TC Oct 13, 2023

Why is your TC so low

MRM TWG_202023 Oct 13, 2023

No college and having to work my way up from minimum wage, namely.

AMD elysion Oct 14, 2023

What about other QCOM sites?

Dropbox unitedkiwi Oct 14, 2023

I’m gonna guess the focus was on the listed ones because those hires cost the most (HCOL). Many companies have taken this approach for at least one of their layoff rounds.