As troubles mount, Qualcomm begins round of layoffs

Apr 19, 2018 7 Comments

https://www.fiercewireless.com/tech/as-troubles-mount-qualcomm-begins-round-layoffs?mkt_tok=eyJpIjoiTkRnNFpHRmxNbVE0WW1OayIsInQiOiJpcXg4WkVpTWdTSE1tNG5wUlQxeVdhXC9Dbmx1a283NVYrdnFteEJiZ0FTXC80NG9ycStSc0krYmJpNlh5WTFtSjcxZnJzT2NEaEtrQXNRVVp6UWlMQW4ydndIUVhiSzZpdXJNQVY5UWhUQmdxTG91anZwTEtieFwvN1c0bVhNM2kyViJ9&mrkid=35796892

Qualcomm said it has started a round of layoffs, and according to a report from Bloomberg the action will eliminate a total of 1,500 jobs in California.

The news comes as Qualcomm struggles to close its much-delayed purchase of NXP while concurrently meeting its goal to cut costs by $1 billion.

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