Qualcomm Layoffs 2023 In India. Qualcomm to cut 15 per cent jobs, raise resources in lower-cost r
Qualcomm to cut 15 per cent jobs, raise resources in lower-cost regions Mobile chip maker Qualcomm has announced a massive restructuring plan that will see the company slashing 15 An Indian techie who got laid off by Qualcomm after less than a year with the company, has reached out to his connections on LinkedIn to help him with referrals for a new job, saying he Qualcomm has revealed that it will cut over 1,200 jobs, or those of about 2. Engage in discussions with verified Qualcomm employees TechCrunch. Qualcomm, the world's largest mobile chipmaker, is laying off 1200 employees in response to sluggish demand for its products. The layoffs will take place at its offices in Santa Clara and San Diego. The layoffs will affect workers across A tech-wide reckoning ran throughout into 2023, and this is our list of all of the layoffs that occurred as a result. 5% of its total workforce, is set to take effect around mid-December 2023 and is not expected to result in any facility closures. Qualcomm has been facing difficulties due to a slump in smartphone Qualcomm, the multinational chip manufacturer, will announce company-wide job cuts impacting 5 per cent of its staff in its 2023: A year of tech layoffs The year 2023 has been marked by significant layoffs in the tech industry, with both startups and tech Learn how Qualcomm transforms industries with leading edge AI, high-performance, low-power computing and unrivaled connectivity. All of the The layoffs were expected as Qualcomm’s Q3 earnings for 2023 indicated a 25 per cent decrease in sales of mobile chips, compared Smartphone chipset giant Qualcomm has announced that it will lay off 226 employees in San Diego later this year. This move, affecting approximately 2. The Get tips and advice on Qualcomm interviews, offers, culture, compensation and more. Qualcomm's mobile division will lay off about 20 per cent of its employees, according to the source. Qualcomm has revealed that it will cut over 1,200 jobs, or those of about 2. The layoffs have affected tens of thousands of tech workers, with the total number of layoffs exceeding those in 2022. The layoffs are Qualcomm, which recorded $35. 5% of its current employees, later in 2023. Qualcomm announced layoffs in response to the economic slowdown in the tech industry. 8 billion in annual revenue for 2023, plans to lay off 226 employees at its San Diego facilities. This follows the Qualcomm's decision comes amidst a challenging market environment, with the company projecting a revenue contraction of about A Qualcomm spokesperson indicated that the layoffs are part of a continuing restructuring process set to extend into the following year. The company’s Q3 2023 earnings (Qualcomm’s fiscal year is October-September) have handset chip sales down 25 percent year over year, Overview of 2025 Tech Layoffs in India In 2025, several Indian tech companies have announced layoffs due to various reasons such as Tech layoffs: Qualcomm set to cut jobs of hundreds of workers amid strategic shift Qualcomm is preparing to lay off 226 In 2025, tech companies have slashed over 76,000 jobs, as companies restructure for AI, cut costs, and shift priorities amid economic Tech Layoffs: The technology sector continues to shed jobs at a rapid pace in 2025, with more than 22,000 layoffs reported so far this Qualcomm is laying off roughly 1,258 workers in California. All of the affected staff members are located in the same An Indian senior-level Qualcomm employee, who joined the company just one year ago, and was laid off recently, has took to the social media site LinkedIn to share his ordeal In the third quarter of 2023 (Qualcomm’s fiscal year is October-September), the company experienced a 25 percent drop in handset chip sales compared to the previous year, This article talks about Qualcomm’s recent layoffs, the reasons behind it, and their direction moving forward. Qualcomm is set to lay off 226 employees at its San Diego facilities starting November 12. The layoffs impacted 5 percent of its workforce.