Qualcomm to shed over 1,000 staff in California, plus some Brits, starting in December

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Qualcomm to shed over 1,000 staff in California, plus some Brits, starting in December
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Vice-presidents, engineers among those scheduled to have a rotten Christmas

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Qualcomm has promised"new logos and platform badges will bring the Snapdragon X series to life visually in new ways" that will use"the iconic Snapdragon fireball with a twist – bold, vibrant, clean, distinctive." At the time, CEO Cristiano Amon told investors"We're taking a conservative view of the market, and we'll be proactively taking additional cost actions."it foreshadowed"restructuring actions to enable continued investments in key growth and diversification opportunities" and explained that those activities would"consist largely of workforce reductions.

The sponsorship creates an interesting metaphor: Manchester United has underperformed for years, and its recent investments have not led to desired improvements in performance. Which is maybe not quite the story Qualcomm wants to associate with Snapdragon.Tech CEO admits role in tricking Qualcomm into $150M takeoverBut the jobs for those trainees won't be the sort of engineers Qualcomm is dismissing.

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