Qualcomm is to cut 1,500 jobs in California as it looks to reduce costs by $1bn a year, with 1,231 to go in San Diego and 269 in San Jose and Santa Clara. A building on the Qualcomm campus is seen, as chip maker Broadcom Ltd announced an unsolicited bid to buy peer Qualcomm Inc for $103 billion, in San Diego, California, U.S. November 6, 2017. The company said the cuts would be made through attrition rather than layoffs. However, the US government has since blocked Broadcom's bid on the grounds of national security.
Qualcomm is to cut 1,500 jobs in California as it looks to reduce costs by $1bn a year, with 1,231 to go in San Diego and 269 in San Jose and Santa Clara. The company said the cuts would be made through attrition rather than layoffs. However, the US government has since blocked Broadcom's bid on the grounds of national security.