Qualcomm Plans Global Job Cuts, Notifications in November

Qualcomm plans worldwide job cuts after annual employee reviews, with notifications to affected staff expected to begin in November, according to a memo from Chief Executive Cristiano Amon. The company has not disclosed how many positions will be eliminated or which departments and regions will be affected. Amon described the reductions as performance-focused and said decisions would take account of business priorities, organisational needs, employee skills and expertise. He said the company’s requirements had changed as its business expanded, and that the cuts were intended to strengthen its performance culture. The memo does not specify whether the planned reductions will affect particular job categories or locations. Qualcomm had about 52,000 employees worldwide as of September 2025, according to reporting based on the company’s workforce figures. That total provides context for the company’s size but does not indicate how many workers may be affected by the new cuts. The planned reductions come as Qualcomm seeks to grow beyond its dependence on smartphone chips. The company expects most of its chip sales to come from businesses outside smartphones in fiscal 2027, including...