Layoff


2024-09-23

[News] Qualcomm Proposes Intel Acquisition While Planning Hundreds of Layoffs Under “Diversification Strategy”

As Qualcomm reportedly eyes a potential acquisition of Intel, the chipmaker is once again making headlines for its upcoming round of layoffs. According to TechCrunch, Qualcomm will cut 226 jobs in San Diego later this year, as revealed by a California WARN notice. The layoffs, set to take effect ...

2023-10-23

[News] AMD in China Faces Layoffs due to US Expands Chip Control

Following the US's recent expansion of chip control measures targeting China on October 17th, the American chip maker, Advanced Micro Devices (AMD) is reportedly planning workforce reductions of approximately 10% to 15% at its Shanghai research center. Additionally, there are rumors of impending lay...

2023-09-21

[News] Qualcomm Initiates Major Layoffs in China, Shanghai R&D Center Closure Rumored

According to Taiwan's TechNews, the ongoing soft demand for smartphones, combined with Huawei's launch of the Mate 60 Pro, has severely impacted Qualcomm. Reports within the Chinese industry suggest that Qualcomm is planning significant layoffs in China, with severance costs estimated to be as high ...

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