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Qualcomm Trims Its Workforce By More Than 400, As Chipset Maker Intends To Cut Losses Due To Waning Smartphone Sales

June 21, 2023
Source: wccftech.com wccftech.com
News Snapshot:
Despite being more than halfway into 2023, technology companies do not appear to witness any positive economic activity, and that has eaten into their revenue stream. The latest entrant to announce layoffs was Qualcomm, though, unlike other giants who decided to trim their workforce in the thousands, the San Diego firm states that it will be cutting jobs by slightly more than 400. From its San Diego headquarters, Qualcomm laid off a total of 415 employees, but the workforce trimming did not stop there After filing Worker Adjustment and Retraining Notification Act (WARN) paperwork in California, The San Diego Union...
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