Wireless firm files WARN documents detailing the job cuts, whichare part of Qualcomm's efforts to reduce operating expenses by 5 percent
Qualcomm chopped 415 jobs from its San Diego headquarters last month as the mobile chip firm seeks to reduce expenses amid a lingering slowdown in smartphone sales.
Qualcomm designs semiconductors and provides mobile technologies to smartphone brands — as well as automakers and Internet of Things companies. On the smartphone front, much of its business stems from Android devices —though it does supply 5G cellular modem chips used in iPhones.This latest round of workforce reductions comes on top of two smaller layoffs in December and March, which shaved a combined 232 workers from its payrolls in San Diego.The company declined to comment.
Qualcomm has been working to diversify its business beyond smartphones. It has a large backlog with car makers for in-vehicle connectivity, digital dashboard/infotainment systems and autonomous driving.
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