Qualcomm plans to implement global layoffs in response to performance evaluations and organizational needs. CEO Cristiano Amon has stated that job cuts will start in November this year. The company aims to create a stronger performance culture to meet business priorities. Despite recent challenges, Qualcomm expects to achieve growth in non-handset sectors by fiscal 2027. Qualcomm plans to implement global layoffs in response to performance evaluations and organizational needs. CEO Cristiano Amon has stated that job cuts will start in November this year. The company aims to create a stronger performance culture to meet business priorities. Despite recent challenges, Qualcomm expects to achieve growth in non-handset sectors by fiscal 2027.
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Qualcomm layoffs: CEO says job cuts target areas falling short of expectations
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