Major Qualcomm Layoffs In San Diego This Week
The layoff count — which the company filed with the state — is Qualcomm's largest since at least 2009, 10News learned.
According to the company's filing, the layoffs will begin "on or about November 20, 2015."
The move comes as the technology giant has dealt with a large drop in revenue and net income. In July, the company said it would make cuts to save around $1.1 billion. At the time, CNBC reported the personnel cuts would amount to about 15 percent of its workforce.
There was initially no word on exactly how many employees would be laid off in San Diego, although the number was expected to be in the thousands.
Qualcomm, which makes computer chips for mobile devices, employs more than 12,000 people in San Diego and more than 30,000 worldwide.
Last December, it laid off 600 employees, including 300 in California.
Qualcomm provided the following statement Thursday morning to 10News:
"As part of the Strategic Realignment Plan announced in July, we announced that Qualcomm would reduce full-time headcount and have a significant reduction of our temporary workforce. We are in the process of notifying employees. We haven’t provided a more specific breakdown. We remain committed to our strategic realignment and cost reduction plans. We underwent a thorough assessment to determine which roles and skill-sets will be needed to best support the future business. These decisions were driven by the near- and long-term strategic objectives for the business under our Strategic Realignment Plan. The company is providing a supportive severance package, outplacement resources and career transition services."