Qualcomm Will Make a New Mass Layoff

Semiconductor giant Qualcomm announced that it will make a new mass layoff. According to the statement, 1,258 people, corresponding to 2.5 percent of the workforce, will part ways.

In the news we share with you in the first months of 2023, we often from mass layoffs we were talking about. The world’s largest companies have made massive layoffs due to global economic uncertainties and rising costs. These were just about to be forgotten…Is there a second wave of mass layoffs coming?” saying thought provoking There was a development.

One of the world’s largest semiconductor manufacturers Qualcommannounced that it would make a new mass layoff. The company operates in two offices located in the US state of California, in total 1,258 people will lay off. The reason for the mass layoff, which corresponds to 2.5 percent of Qualcomm’s total workforce, is that chip sales to have fallen. Considering that Qualcomm’s biggest source is chip sales, it is possible to say that the company is experiencing serious financial problems.

Mass layoffs will be completed by December

According to the statement made by Qualcomm, the layoff process of 1,258 people, until December will be completed. Meanwhile; We should also point out that the company said that the “restructuring” process is not over. In the near future, the company will decide to make a new mass layoff. It won’t surprise anyone.

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According to industry sources, the revenue loss at Qualcomm will be can get deeper. This is because of the Chinese technology company Huawei. Ming-Chi Kuo, one of the reliable leakers of the technology world, said that Huawei will be acquired from Qualcomm in 2023. 40 million units He said that he purchased around 100,000 chips, but this will change for 2024 and beyond. According to Kuo’s claim, Huawei wants to move away from the US chip manufacturer and find new partners…

Source :
https://www.gsmarena.com/qualcomm_is_cutting_over_1200_jobs_to_protect_its_flow_of_revenue-news-60215.php


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