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Qualcomm may implement a layoff plan

SemiMediaEdit
September 17, 2018

Recently, there have been many media reports that Qualcomm is preparing for a layoff plan, and this layoff plan is likely to be announced during the year, but it is reported that the layoffs are mainly for outsourcing employees, while those directly employed are not clear now.

The report pointed out that insiders said that some middle-level posts will also be affected, but the details are not clear. It seems that Qualcomm will announce the layoff plan before the end of the year, and it is likely to be announced when the fourth quarter earnings report is released.

If the layoffs are actually implemented, it may not be a bad thing for Qualcomm. Just like Nokia, with the weakening of the Nokia mobile phone department, Nokia has also taken measures to sell mobile phones business and use resources in communications field, it turns out that Nokia is right.

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