Qualcomm said it had reduced costs by 5% so far this year relative to its spending in 2022. In June, it cut 415 jobs at its San Diego headquarters, the San Diego Union-Tribune reported. The company said that it will implement 15-20% cost-saving programs in the first half of next year.
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What’s QCA?
No one is interested in 2022 news!
Heard QCA will be shut down. Drain on QC warnings and profitability. Low margin business and revenue is decreasing.
Here is the current new!!!!!!!!!!!!!!!!!!!!!
San Diego-based Qualcomm forecast fourth-quarter sales below market expectations on Wednesday and said it would likely cut jobs as consumer spending on smartphones remained stubbornly weak amid slowing global economic growth.