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Qualcomm lays off hundreds of employees
Chipmaker Qualcomm lays off hundreds of workers in San Diego
This is the chipmaker's second round of layoffs over the past year, while the company recorded billions in revenue.
Qualcomm lays off hundreds of employees in the US
It’s worth mentioning that Qualcomm’s latest decision to lay off hundreds of workers comes less than a year after the brand let go of thousands of workers. In 2023, the company laid off over 1,250 employees. Notably, the smartphone chipset giant recorded $35.8 billion in revenue last year.
Tech layoffs: Qualcomm set to cut jobs of hundreds of workers amid strategic shift
Qualcomm is preparing to lay off 226 employees across 16 facilities in San Diego, including its headquarters, starting the week of November 12. This move is part of a larger strategy to realign resources towards new business opportunities.
1d
Qualcomm Inc. stock outperforms competitors despite losses on the day
Qualcomm Inc. closed $62.33 below its 52-week high ($230.63), which the company reached on June 18th.
1d
on MSN
QUALCOMM Incorporated (QCOM) Explores The Possibility Of Buying The Chip Design Business Of Intel In A Bid To Improve The AI Product Line
We recently compiled a list of the 20 Trending AI Stocks on Latest News and Analyst Ratings. In this article, we are going to ...
6d
Qualcomm: The AI Growth Inflection Point Is Close (Rating Upgrade)
Qualcomm's automotive diversification efforts delivered a solid performance recently amid a growth normalization phase in EVs ...
2d
Qualcomm Inc. stock outperforms competitors on strong trading day
Qualcomm Inc. closed $61.93 short of its 52-week high ($230.63), which the company reached on June 18th.
2d
on MSN
QUALCOMM Incorporated (NASDAQ:QCOM): A Chip Stock Powering The AI Boom
We recently compiled a list of the 35 Chip Stocks Powering AI Boom. In this article, we are going to take a look at where ...
Jurist
22h
Google wins legal challenge against €1.49B EU antitrust fine; Qualcomm’s appeal fails
Google won a court challenge on Wednesday against the €1.49 billion EU antitrust fine that was imposed in 2019 for anti-trust violations related to its digital advertising business. Since 2003, ...
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EU court scraps €1.49B antitrust fine against Google, mostly upholds Qualcomm penalty
The European Union’s second highest court today ruled on two antitrust fines that the bloc issued to Google LLC and Qualcomm ...
6d
When Should You Buy QUALCOMM Incorporated (NASDAQ:QCOM)?
Today we're going to take a look at the well-established QUALCOMM Incorporated ( NASDAQ:QCOM ). The company's stock ...
2d
Qualcomm's EU Fine Reduced Slightly But Court Upholds Antitrust Violations
The EU Court upheld Qualcomm's antitrust fine for predatory pricing, reducing it slightly from €242 million to €238.7 million ...
2d
on MSN
Qualcomm loses court appeal against European Union antitrust penalty in chipset case from 2019
The European Union's General Court said it was rejecting most of Qualcomm's appeal against the 242 million euro ($269 million ...
2h
QUALCOMM's (NASDAQ:QCOM) 20% CAGR outpaced the company's earnings growth over the same five-year period
QUALCOMM Incorporated ( NASDAQ:QCOM ) shareholders might be concerned after seeing the share price drop 18% in the ...
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