Layoffs reached 1,800

For those who were wondering how many have been laid off so far as part of the cost cutting measures.

And beyond Qualcomm’s ongoing challenges in China, the company continues to work to shed jobs in an effort to reach its cost-cutting goals. As reported by the San Diego Union Tribune, Qualcomm is laying off another 61 employees in San Diego and 241 in North Carolina. Those figures are in addition to the 1,231 employees affected in San Diego and 269 workers in Santa Clara in April, and it brings Qualcomm’s total layoffs past the 1,800 mark.

https://www.fiercewireless.com/5g/qualcomm-s-layoffs-reach-1-800-as-nxp-deal-hangs-limbo

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If BRCM had taken over, most of the cuts would have been director and above. Hock Tan is no dirt like Steve M. Would have been good for Qcom in the short term (3 years). Good for stock holders in long term, too but not for employees. The better evil would have been BRCM taking over.

Doesn’t include numbers in Jersey, Boston, Austin and other places in US. The really number is closer to 2200.

In the meantime, Sensor technology group hiring H1b. Check with the group.

This is worse than an AVGO takeover because the stock price is much lower. This leaves employees (both laid off and waiting for the next layoff) poorer.

And you are only looking at your small world. The number is much bigger if you go global

Is this any better than BRCM take-over?

Q losers are being replaced with Indians H1Bs

Thread regarding Qualcomm Inc. layoffs

Layoffs reached 1,800

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