Qualcomm Plans Global Job Cuts After Performance Reviews

Oct 21, 2026
Qualcomm plans global job cuts following its annual performance reviews, with affected employees expected to receive notices beginning in November.

Qualcomm Technologies will cut jobs worldwide following its annual performance reviews, according to Tom's Hardware, citing a Reuters report. The company expects to begin notifying affected employees in November.

CEO Cristiano Amon described the cuts as focused on employees who have consistently fallen short of expectations. Qualcomm has not disclosed the number of positions or departments affected. The company employed about 52,000 people at the end of its 2025 fiscal year.

Qualcomm is expanding into AI infrastructure, edge computing, automotive systems and personal computers as handset revenue declines. Its third quarter 2026 revenue fell 4% from the previous year, while net income dropped 25% and handset revenue declined 20%.

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