Qualcomm has announced a new round of layoffs impacting its San Diego facilities. The cuts will affect a range of positions across the company. This follows a previous round of layoffs nearly two years ago as part of a diversification strategy.
What happened
Qualcomm is implementing layoffs across multiple departments at its San Diego locations. The company previously conducted layoffs almost two years ago.
How many employees affected
The exact number of employees affected has not been disclosed. The layoffs will impact employees at 11 San Diego facilities.
Why layoffs happened
The company stated that previous layoffs were part of its diversification strategy. The reason for the current layoffs was not specified in the provided source.
Company background
Qualcomm is a Fortune 500 company with headquarters in San Diego. It operates across various technology sectors, including engineering, cybersecurity, and I.T.
Industry impact
The layoffs indicate potential shifts in Qualcomm's strategic priorities. The impact on the broader tech industry in San Diego is currently unknown.
What's next
Layoffs are scheduled to begin at the end of next month. Further details regarding severance packages or outplacement services have not been released.