CatalystCorporate
Qualcomm to cut jobs worldwide in performance-focused layoffs, internal memo shows
Qualcomm's worldwide job cuts signal cost restructuring, a significant corporate catalyst.
Context
What happened: Qualcomm will cut jobs worldwide in performance-focused layoffs in November, following employee reviews, according to an internal memo viewed by Reuters.
Key numbers: Layoffs are scheduled for November.
Why it matters: The memo indicates the cuts are tied to employee performance reviews and will affect staff globally, though the content does not specify the number of roles affected.
Coverage: 3 outlets in 24h
What changed
Qualcomm will cut jobs worldwide in performance-focused layoffs in November, following employee reviews, according to an internal memo viewed by Reuters.
Why it matters
The memo indicates the cuts are tied to employee performance reviews and will affect staff globally, though the content does not specify the number of roles affected.
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Oct 20, 2026 02:09 PM ET