Qualcomm to Cut 1,300 Jobs in San Diego
Sep 18, 2015, 7:11 AM by Eric M. Zeman
Qualcomm on Thursday sent termination notices to about 1,300 workers at its San Diego headquarters. The company gave affected workers 60-days notice, listing Nov. 20 as their last day with the company. Qualcomm confirmed it is also cutting 158 jobs in Boulder, Colo., 130 in San Francisco, and 65 in Andover, Mass. In July, the company said it planned to cut about 15% of its 31,300 employees by the end of the year, but it didn't detail what facilities might be impacted. Qualcomm said it is providing employees with severance packages. Qualcomm has faced mounting pressure in the mobile processor market and recently suffered legal setbacks in China.
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