BusinessPhoto: Business StandardQualcomm Announces Global Job Cuts in Performance Review
Qualcomm will implement global job cuts as part of a "performance-focused reduction" following its annual employee reviews, CEO Cristiano Amon said in a memo. Notifications will start in November. The move aims to build a stronger performance culture after falling short of expectations. The company did not disclose the number of jobs affected. Qualcomm employs about 52,000 people worldwide and has faced challenges from a slump in consumer electronics sales.
Business Standard·



