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Digitimes October 21, 2026 By DIGITIMES positive

Qualcomm plans global performance-based layoffs from November

QualcommAI / LLM
Qualcomm CEO Cristiano Amon told employees in a memo on October 19 that the company will conduct global, performance-based layoffs after completing its annual employee evaluations, with notifications expected to begin in November. The move aims to build a stronger performance culture and address the company's continued failure to meet expectations.
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