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Qualcomm is cutting over 1,200 jobs due to market slowdown

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There will be 1,064 layoffs in San Diego and 194 in Santa Clara, a total of 2.5% of the company’s workforce. Qualcomm will cut 1,258 jobs in two offices in.
Qualcomm will cut 1,258 jobs in two offices in California, filings with the California Employment Development Department revealed. The chip company revealed 1,064 jobs will be eliminated in San Diego, where the HQ is, and 194 more in the Santa Clara offices.

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