Thursday, 25 Apr 2024

Qualcomm is laying off 1000 employees

Qualcomm, the San Diego based chip maker is laying off about 1000 employees as part of the 1 Billion Dollar cost cut promised to its share holders. This moves comes shortly after President Trump passed an executive order stopping Broadcom, a singapore based competitor from acquiring Qualcomm. As of this writing, there was no WARN notice filed in California, which is a mandate lay-off’s of more than 50 employees.

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