Qualcomm to cut jobs globally in "performance-based" layoffs, as company pivots to AI data center and edge computing markets

T2Covered by 1 source · first reported by Tom's Hardware at 21 Oct, 13:00 UTC

Qualcomm will begin performance-based layoffs worldwide in November as the chipmaker reallocates resources toward AI infrastructure, data centers, automotive, PCs, and edge computing, amid weaker consumer electronics demand.

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• T2Qualcomm to cut jobs globally in "performance-based" layoffs, as company pivots to AI data center and edge computing marketsTom's Hardware21 Oct, 13:00