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Qualcomm CEO Amon stated in a memo that the company will initiate a performance-based layoff plan following its annual employee evaluations, with notifications to be issued starting in November. This layoff aims to strengthen a performance-driven culture and address ongoing underperformance issues within the company. The decision to lay off employees will take into account factors such as business priorities, organizational needs, and employee skills to ensure proper job-person fit and support the company's future development. The memo did not disclose specific positions or the scale of the layoffs. As of last September, Qualcomm had approximately 52,000 employees worldwide, primarily consisting of full-time staff, with the fiscal year typically ending in late September.
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