Qualcomm layoffs to hit employees worldwide; CEO Cristiano Amon says in memo: Job cuts are to address situations where the company …

Qualcomm is reportedly planning to lay off some of its employees globally. According to a Reuters report, the job cuts are part of a “performance-focused reduction” following the annual employee reviews. Qualcomm CEO Cristiano Amon has sent a memo to the staff, ​informing them of ‌notifications beginning in November. As stated in the report, CEO Amon said in the memo that the job cuts are part of an effort to build “a stronger performance culture” and address situations where the company “has consistently fallen short of expectations”.

Qualcomm has about 52,000 employees globally as of September last year. The memo, however, did not reveal the number of employees that will be affected by the layoffs.