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Author Topic: Report: Qualcomm cutting jobs as it looks to reduce costs by $1B amid Apple legal case  (Read 347 times)
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« on: April 21, 2018, 04:05:19 pm »

Report: Qualcomm cutting jobs as it looks to reduce costs by $1B amid Apple legal case

<div class="feat-image"></div><p><strong>Update</strong>: In a statement to 9to5Mac, a Qualcomm spokesperson said the following:</p>
<p>As part of the cost reduction plan announced in January, Qualcomm is conducting a reduction of our full-time and temporary workforce.</p>
<p>A workforce reduction, such as this one, affects not only those employees who are part of the reduction, but their families, co-workers and the community. We recognize this and have offered affected employees supportive severance packages to reduce the impact of this transition on them.</p>
<p>We first evaluated non-headcount expense reductions, but we concluded that a workforce reduction is needed to support long-term growth and success, which will ultimately benefit all our stakeholders.</p>

<p>Amid its ongoing legal battle with Apple, Qualcomm is said to be cutting jobs in an effort to reduce costs. A new report from Bloomberg this afternoon says that Qualcomm is cutting its workforce as part of “cost reductions.”</p>
<p> <a href="https://9to5mac.com/2018/04/18/qualcomm-cutting-jobs-costs-1-billion/#more-529824" class="more-link">more…[/url]</p><div class="feedflare">
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Source: Report: Qualcomm cutting jobs as it looks to reduce costs by $1B amid Apple legal case
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