Qualcomm Plans Global Job Cuts After Employee Reviews
Qualcomm uses performance reviews as cover for layoffs amid revenue slide and memory supply headwinds.
- 01Qualcomm is preparing a global workforce reduction, with affected employees notified next month.
- 02CEO Cristiano Amon framed the cuts as building a stronger performance culture—but the backdrop is deteriorating financials: Q3 revenue fell 4% year-on-year to $9.9 billion, while net income dropped 25%.
- 03The company's push beyond mobile chips hasn't yet offset pressure from a worldwide memory supply crunch.
- 04Headcount stood near 52,000 as of late 2025.
Qualcomm uses performance reviews as cover for layoffs amid revenue slide and memory supply headwinds.
Qualcomm is preparing a global workforce reduction, with affected employees notified next month. CEO Cristiano Amon framed the cuts as building a stronger performance culture—but the backdrop is deteriorating financials: Q3 revenue fell 4% year-on-year to $9.9 billion, while net income dropped 25%. The company's push beyond mobile chips hasn't yet offset pressure from a worldwide memory supply crunch. Headcount stood near 52,000 as of late 2025. - **Watch:** Whether layoff scale signals a strategic retreat or a tactical reset ahead of Qualcomm's diversification push.
Watch: Disclosed headcount figures will reveal whether this is a tactical trim or a deeper structural retrenchment tied to Qualcomm's faltering diversification timeline.
Chipmaker Qualcomm reportedly will cut an undetermined number of jobs following recent annual employee reviews, with impacted staff set to be alerted next month. Reuters reported CEO Cristiano Amon ( pictured ) sent out a memo outlining the cuts were part of a plan to create “a stronger performance culture” and address areas where the company “has consistently fallen short of expectations”. The news agency noted the memo did not disclose how many employees will lose their jobs but stated it had roughly 52,000 employees globally, most of them full time, as of September 2025.
Read the full article at mobileworldlive.comShow the full text · 2 min readHide the full text
Chipmaker Qualcomm reportedly will cut an undetermined number of jobs following recent annual employee reviews, with impacted staff set to be alerted next month. Reuters reported CEO Cristiano Amon ( pictured ) sent out a memo outlining the cuts were part of a plan to create “a stronger performance culture” and address areas where the company “has consistently fallen short of expectations”. The news agency noted the memo did not disclose how many employees will lose their jobs but stated it had roughly 52,000 employees globally, most of them full time, as of September 2025. While Amon has made a concerted effort to branch the company’s products beyond phone chips, Qualcomm has battled against the impact of a worldwide memory supply crunch. For fiscal Q3 , it posted revenue of $9.9 billion for the quarter ended 28 June, down 4% from $10.4 billion a year earlier while net income during the period was $2 billion, for a 25% year-on-year decrease. The post Qualcomm plans global job cuts after employee reviews appeared first on Mobile World Live .
Don't miss tomorrow's
The Daily Pulse in your inbox each morning — sourced and linked.