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Qualcomm’s “Again?” Statement that makes you say: there will be a new mass layoff

  • October 13, 2023
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We often tell you in the news that we share with you in the first months of 2023 of mass layoffs what we were talking about. The world’s

Qualcomm’s “Again?”  Statement that makes you say: there will be a new mass layoff

We often tell you in the news that we share with you in the first months of 2023 of mass layoffs what we were talking about. The world’s largest companies have had to undergo massive layoffs due to global economic uncertainties and rising costs. These were about to be forgotten…Will there be a second wave of mass layoffs?” say thought provoking There was a development.

One of the largest semiconductor manufacturers in the world Qualcommannounced that it would implement another mass layoff. The company is located in two offices in the US state of California 1,258 people will fire. The reason for the mass layoffs, equivalent to 2.5 percent of Qualcomm’s total workforce, is that chip sales to have fallen. Considering that Qualcomm’s largest source is chip sales, one can say that the company is experiencing serious financial problems.

The mass layoffs will be completed in December

Qualcomm will implement another mass layoff

According to Qualcomm’s statement, 1,258 people are being laid off until December will be completed. In the meantime; We should also point out that the company said the “restructuring process” is not over yet. In the near future, the company will decide on another mass layoff. It won’t surprise anyone.

According to industry sources, Qualcomm’s revenue loss will be significant can go deeper. This is due to the Chinese technology company Huawei. Ming-Chi Kuo, one of the reliable leakers of technology world, said that Huawei will be acquired from Qualcomm in 2023. 40 million units He said he has purchased about 100,000 chips, but this will change for 2024 and beyond. According to Kuo, Huawei wants to distance itself from the American chip manufacturer and look for new partners…

Source: Web Tekno

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