Qualcomm, which just recently was saved from a foreign takeover, began laying off employees today (April 18), according to media reports. Bloomberg, which appears to have broken the story, says the number could hit 1000.
The company, whose earnings have plummeted, has 33,800 full and part-time employees. A layoff of 1000 would affect 3 percent of the global workforce, according to Business Insider.
Thelayoff.com is a website where employees of thousands of companies can express complaints about activities at their companies. The Qualcomm site today had entries such as this: “I saw around 90+ people get notices today. Very sad. We the people who remain behind don’t know what’s in store for us and are also worried.”
Another: “The company [is] going to get broken up.” (This writer suspects the various parts of Qualcomm will be sold or spun off.)
Another: “Extremely poorly handled."