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Chipmaker Qualcomm lays off hundreds of workers in San Diego

TechCrunch LogoTechCrunch1w ago

Chipmaker Qualcomm lays off hundreds of workers in San Diego - TechCrunch

Quick Summary:

The company said Thursday that it will put “several” vehicles driven by humans in the two cities that will initially perform mapping.

This is the chipmaker’s second round of layoffs over the past year, while the company recorded billions in revenue.

As part of a normal course of business, we prioritize and align our investments, resources, and talent to ensure we are optimally positioned to take advantage of the unprecedented diversification opportunities in front of us.


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Article Details

Author / Journalist: Zack Whittaker, Lorenzo Franceschi-Bicchierai

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-19 @ 22:10:58 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 800 words

Reading Time: 5 minutes read

Sentences: 45 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22609145

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