Qualcomm, which makes chips for smartphones, said it will lay off 226 workers in San Diego later this year, according to a California WARN notice published this week. The layoffs, which were It was first reported The changes, reported by the San Diego Union-Tribune, will go into effect the week of Nov. 12.
The layoffs affect employees at 16 facilities across San Diego, including the company’s headquarters, which houses a cybersecurity division. It’s unclear whether the cybersecurity team has been affected, and a Qualcomm spokesperson declined to comment when asked by TechCrunch.
“Our leading technology and product portfolio has enabled us to execute on our diversification strategy,” Qualcomm spokeswoman Kristen Stiles said in a statement. “As part of the normal course of business, we are prioritizing and aligning our investments, resources and talent to ensure we are best positioned to take advantage of the unprecedented diversification opportunities ahead.”
Qualcomm’s decision to lay off hundreds of employees comes less than a year after After the chipmaker laid off more than 1,250 workersDuring 2023, Qualcomm It recorded $35.8 billion in annual revenue. Its CEO, Cristiano Amon, received $23.5 million in total executive compensation.
Are you affected by the Qualcomm layoffs? From a non-work device, you can contact Lorenzo Franceschi-Bicchierai securely on Signal at +1 917-257-1382, via Telegram and Keybase @lorenzofb, or via email. Zack Whittaker can be reached on Signal and WhatsApp at +1 646-755-8849. You can send files and documents via SecureDrop.