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Posted by on Sep 7, 2018 in Internet |

Qualcomm in the midst of layoffs, report says

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

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The company is at present scaling down its heart-management ranks, Gigot reported on Thursday, citing people who claim to have information of its plans. Many of the cuts have come on the vice president degree and down, and a single division saw one hundred folks lose their jobs, Gigot’s sources stated.

Qualcomm used to be apparently performing 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 is feeling increased force on pricing.