Qualcomm Announces Major Global Job Cuts Amid Restructuring Efforts

10/22/2026

Qualcomm has not disclosed the scale of the planned job cuts or the number of positions that could be affected, and it did not respond to ET’s queries on the matter.

10/21/2026

One ​of the world’s biggest ‌smartphone chipmakers, Qualcomm has been hit this year by a slump in consumer electronics sales

10/21/2026

The cuts are part of an effort to build "a stronger performance culture" and address situations where the company "has consistently fallen short of expectations," Amon said.

10/21/2026

According to a Reuters report dated October 20, CEO Cristiano Amon informed employees about the planned cuts in an internal memo.

10/21/2026

One of the world’s biggest smartphone chipmakers, Qualcomm, is set to cut jobs worldwide as part of what it has described as a "performance-based reduction" after its annual employees, according...

10/20/2026

CEO Cristiano Amon said notifications will begin in November, but the company has not disclosed the number of roles affected. The cuts come as weak consumer electronics demand weighs on the...

10/20/2026

Qualcomm CEO Cristiano Amon said the company would begin notifying affected employees in November as it seeks to strengthen its performance culture amid slowing smartphone demand

10/20/2026

A memo from the CEO says the cuts will address situations where the company "has consistently fallen short of expectations."