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Qualcomm to cut jobs worldwide in performance-focused layoffs, internal memo shows

Source: Economic Times TechOctober 21, 2026
Read the full story at Economic Times Tech

Qualcomm announced workforce reductions across all regions according to an internal company memo. CEO Amon attributed the cuts to efforts to establish a stronger performance-oriented culture and remedy areas where the company's results have consistently fallen below targets.

Key points

  • Qualcomm implementing worldwide job cuts
  • Restructuring focused on performance improvement
  • CEO cites underperformance as rationale

Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. Economic Times Tech did the reporting; read the original for the full story.

Read the full story at Economic Times Tech

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