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Qualcomm to Cut Jobs Starting November, Targeting Underperforming Areas

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Qualcomm plans to carry out layoffs across its global workforce following performance reviews and shifting organizational needs. CEO Cristiano Amon has said the job reductions will begin in November of this year. The company is aiming to build a stronger performance-driven culture to better align with its business goals. Qualcomm still anticipates growth in sectors beyond handset chips by fiscal 2027, despite recent difficulties.

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