Qualcomm Is Cutting Jobs Worldwide — and Blaming Its Own Workers
By TechPulse USA Newsroom Qualcomm's headquarters in San Diego, California. Photo: Coolcaesar via Wikimedia Commons (CC BY-SA 3.0). Most CEOs bury layoffs in layers of corporate euphemism. Qualcomm's Cristiano Amon went a bolder route: he blamed the workforce. On Monday, October 19, he sent an internal memo to staff — reviewed by Reuters — announcing that Qualcomm "will cut jobs globally in a 'performance-focused reduction'" following its annual employee reviews, with notifications to affected employees beginning in November 2026. The reason stated in the memo wasn't a downturn, or cost pressure, or any of the usual macroeconomic suspects. It was, essentially, the people: the cuts are part of an effort to build "a stronger performance culture" and address situations where the company "has consistently fallen short of expectations," Amon wrote. Read that again. A $44 billion chip giant is not cutting jobs because times are tough. ...