Is the following news verified? Qualcomm seems to be hiring aggressively till last week. https://www.businesstoday.in/tech-today/news/story/qualcomm-to-cut-jobs-chip-manufacturer-to-lay-off-5-staff-say-sources-379381-2023-04-29
Ceo said cost cutting to achieve some 5,% savings on overhead.. layoffs are part of it.. nobody knows yet if the target is achieved .. there were some low level layoffs and voluntary retirement offers.. lots of rumors floating around about imminent layoffs, including the news article above, but no official confirmation yet.. could be just BS..
Not true