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April 19, 2018 01:47 pm -04

Qualcomm will lay off 1,500 workers to cut expenses

Today, chip maker Qualcomm began the process of laying off around 1,500 workers in California. The move is a part of the company's promise to its investors that it would cut costs by about $1 billion, according to Bloomberg.

Original Link: https://www.engadget.com/2018/04/19/qualcomm-layoffs-improve-earnings/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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