Qualcomm layoffs begin for San Diego employees

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

SAN DIEGO – Qualcomm Inc. has begun layoffs after announcing in July that it would be eliminating 15 percent of its workforce.

The San Diego-based company announced Thursday that it is in the process of notifying employees, according to a statement sent to FOX 5.

The move will allow Qualcomm, one of San Diego’s biggest employers, to save costs and decide whether to split up the company.

The cuts are expected to save the provider of computer chips for mobile devices around $1.1 billion.

Qualcomm issued this statement Thursday:

“As part of the Strategic Realignment Plan announced in July, we announced that Qualcomm would reduce full-time headcount and have a significant reduction of our temporary workforce. We are in the process of notifying employees. We haven’t provided a more specific breakdown.  We remain committed to our strategic realignment and cost reduction plans. We underwent a thorough assessment to determine which roles and skill-sets will be needed to best support the future business. These decisions were driven by the near- and long-term strategic objectives for the business under our Strategic Realignment Plan. The company is providing a supportive severance package, outplacement resources and career transition services.”

8 comments

  • Republicans are suckers

    This is what republicans do …. kill jobs to make a profit …. Donald Trump, the bankruptcy candidate …. REPUBLICANS = UNEMPLOYMENT + FOOD STAMPS

  • GaryKBateman

    Look Here Now….my neighbor’s sister-in-law makes $68 /hour on the internet .,She has ℬeen fired for ten months ℬut last month her income was $18319 just working on the internet for a few hours. hop over to here+_+_+_ œ►œ►œ► Click~Here~Now

  • idiot liberals

    Ha ha ha! Suck it, you tax and spend liberals. This is what happens when you keep taxing companies to give illegals welfare…they leave.

    Ha ha ha!

  • eyes wide open

    And they (barrys team of clowns) just released a report on how the job market was growing. I smell a bunch of B.S…
    This layoff is of high salaried jobs, not good. I had seen the same thing 9 years ago when Texas Instruments shut down their wireless design centers here in S.D., only to move the jobs to Bangladesh. Major hit for S.D…

  • Republicans are suckers

    Income redistribution… taking money from working families and giving to republican corporate executives and stock holders … the republican way in America …. nice job republicans.

  • naacp sd

    who cares… all they do is mess with arm chips. without arm licensing it, this place would close completely.
    good riddance!

Comments are closed.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.