Thread regarding Qualcomm Inc. layoffs

Haven't seen this one here so here it goes

Link below, it's from techcrunch:

The chipmaker laid off 269 employees in all, including 144 in Raleigh, North Carolina, where its data center business is located, and an additional 125 in San Diego, the company’s hometown. This is the latest in a number of cost-cutting moves made by the company this year. In April, it slashed north of 1,500 jobs, primarily in California.

Source: https://techcrunch.com/2018/12/07/qualcomm-lays-off-269-employees-in-north-carolina-and-california/

by
| 1711 views | | 4 replies (last December 11, 2018) | Reply
Post ID: @OP+Wz1kuAN

4 replies (most recent on top)

https://www.sandiegouniontribune.com/business/technology/sd-fi-qualcomm-newlayoffs-20181207-story.html

The most recent job cuts are occurring in part at the company’s Qualcomm Life division, which provides wireless connectivity systems for the medical industry.

“As part of this activity, Qualcomm has reduced headcount in the 2net platform within Qualcomm Life, which will focus on servicing existing contracts,” the company said.

Qualcomm has been exploring the sale of a majority stake in Qualcomm Life, according to sources familiar with the matter who spoke with the Union Tribune in June.

The company planned to retain minority ownership stake in the wholly owned subsidiary. A spokeswoman declined to comment on Friday.

by
| | Reply
Post ID: @ozy+Wz1kuAN

Who in San Diego got the axe? Was more heads than just data center. So who?

by
| | Reply
Post ID: @eha+Wz1kuAN

Finally someone actually posts a f---ing source.

by
| | Reply
Post ID: @cbz+Wz1kuAN

Indent happy - huh

by
| | Reply
Post ID: @dra+Wz1kuAN

Post a reply

: