Chipmaker Qualcomm to lay off over 1200 California workers

cnn business ^ | 10-12-23 | Jennifer Korn

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Qualcomm, one of the largest microchip manufacturers globally, is scaling back its workforce.

The San Diego, California-based company will be laying off about 1258 roles in California, according to a filing with the California Employment Development Department. Impacted employees include those based out of San Diego and Santa Clara in multiple roles, from engineers to legal counsel to human resources, with job reductions coming around December 13th.

The layoff news comes about a month after the company announced a deal with Apple to provide 5G chips through at least 2026. Qualcomm is also the chip supplier for the newly announced Meta Quest 3.

[dynachrome]

Best economy evah!

[ConservativeInPA]

Merry Christmas. Bidenomics, the gift that keeps giving.

[butlerweave]

so they can hire Biden’s Illegals ?

[Shady]

Biden “Chip economy, made right here in the USA!” I love Jones from Mansfield, Ohio!”

[SaveFerris]

(Biden “Chip economy”)

Joe used to drive a truck 🚒 with the Keebler Elves.....😀😃🤣🥴😜

[Governor Dinwiddie]

Let's see how smart our "betters" are.

• TSMC is behind schedule on opening a new fab in Arizona. TSMC says
  that they can't find Americans to work there and that they have to
  import Chinamen.
   
• Qualcomm is scaling back and laying off 1250 workers in California.

Now in a sane world, agencies would move heaven and earth to hook up the Qualcomm employees with TSMC.

Instead, in the dysfunctional USA, we will import 4000 Chinamen for TSMC
and pay extended unemployment benefits to the former Qualcomm
employees while retraining them to work in the fast food industry.

[Zathras]

This is not good news.
Perhaps they are running into issues w 3nm.
Most companies are as its tough!

[SeeSharp]

I doubt they are scaling back production. Last I heard Qualcomm was building a new fab in Boise. It’s funny. All these chip manufacturers swear they aren’t leaving California. But Intel is building an absolutely massive new facility in Hillsboro Oregon. Samsung is building a massive new facility in Taylor Texas. And Qualcomm is building in Boise.

[ProgressingAmerica]

Idaho turned into a blue state by Qualcomm in 5.... 4.... 3...............

[FarCenter]

Qualcomm has added a lot of staff since 2019. This is not much of a cut back.

[ridesthemiles]

CALIFORNIA RANKS #1 in ANTI BUSINESS activity

IF I lived in San Diego & I had the chance to move to BOISE-—I CERTAINLY WOULD DO SO.

[bobcat62]

You can be sure the H1Bs will continue to be employed by Qualcomm.

[Texas resident]

I used to work for a gearbox company out of Anaheim. The Soviet Union of California ran them out of the state with all their regulations and fines. So they relocated to Beloit, Wisconsin. None of the California based employees moved to Beloit. More destruction of manufacturing jobs.

[ronnie raygun]

but but, what about our yoga classes, rest time, designer coffee station time, meditation time.............

[Shady]

From Scranton to Dover Delaware, in his spare time.