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Qualcomm to Cut Jobs Worldwide After Annual Employee Reviews

CEO Cristiano Amon told staff in a memo reviewed by Reuters that the company will make performance-focused cuts globally, with notifications beginning in November.

QCOM

Qualcomm will reduce its global workforce in what it calls a “performance-focused reduction” after completing annual employee reviews, CEO Cristiano Amon said in a staff memo reviewed by Reuters on Monday. Employees are expected to receive notifications beginning in November. The cuts are part of an effort…