Qualcomm in the midst of layoffs, report says


Qualcomm, which has recently received attention for its cellular processors, builds a wide array of mobile parts and is shedding some of its staff, consistent with a new file.


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The company is scaling down its heart-management ranks, Gigot reported on Thursday, citing people who claim to have information about its plans. Gigot’s sources stated that many cuts have come on the vice president’s degree and down, and a single division saw one hundred folks lose their jobs. Qualcomm performed neatly in the cellular area, with its Snapdragon processor making its strategy to a few devices. Alternatively, the company is among the many mobile chip makers and feels an increased pricing force.