Qualcomm Layoff 2024. Qualcomm, the semiconductor giant, began a round of massive layoffs in an effort to cut spending by $1 billion, reuters reports. Qualcomm is set to cut 1,258 employees by december this year, according to filings made to the state’s employment development department.

Qualcomm will layoff 1,258 workers in san diego and santa clara, beginning in december. The job cuts represent roughly.