Reuters reported on October 20, 2026, that Qualcomm CEO Cristiano Amon told employees in an internal memo that the company planned a global workforce reduction after annual performance reviews. Reports published October 21 said employee notifications were expected to begin in November 2026.
What the reported plan covers
Reuters said the memo described a global reduction and did not give a headcount. The reported criteria include annual performance reviews, business priorities, organizational needs, competencies and experience. The plan’s stated factors therefore extend beyond individual performance reviews to the company’s organizational needs and required skills.
