I think this will save $200M or more per year towards the $1B, and if qcom can find a buyer then no severance for the team.
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$400M saved for server group cut
The first of the 'non-core' units to be sold for $$$shareholders.
Nope. M beat it to the Jabil ! Its already 'Jabilized' !
I'm a shareholder who was laid off. I just want a short term high share price. Pump and dump, baby!
The first of the 'non-core' units to be sold for $$$shareholders.
https://www.bloomberg.com/news/articles/2018-05-07/qualcomm-is-said-to-plan-exit-from-server-chips-amid-cost-cuts