Business

/

ArcaMax

Bay Area tech layoffs pass grim milestone with new Qualcomm job cuts

George Avalos, The Mercury News on

Published in Business News

SANTA CLARA, California — Qualcomm has revealed plans to chop scores of jobs in the Bay Area, cutbacks that have brought the region’s tech layoffs to a grim economic benchmark.

The Qualcomm layoffs in the Bay Area are part of the tech and telecommunications titan’s move to slash more than 1,000 positions in California.

With the new job cuts the Bay Area has now passed a forbidding milestone for tech layoffs.

During 2022 and so far in 2023, tech companies have revealed plans to eliminate more than 30,000 jobs in the Bay Area, according to this news organization’s review of many WARN notices that companies have sent to the state labor agency.

So far in 2023, tech companies have disclosed their intentions to chop 19,617 jobs in the Bay Area. During 2022, tech companies revealed plans to eliminate 10,433 jobs, WARN letters filed with the state Employment Development Department show.

That brings the total for the last 23 months to 30,050 tech layoffs in the Bay Area, according to the analysis of the WARN letters.

 

Qualcomm has decided to eliminate 194 jobs in the Bay Area, all of them at the company’s office complex on Kifer Road in Santa Clara, WARN letters sent to the EDD show. The job cuts were described as permanent.

In two rounds of layoffs during 2023, Qualcomm has revealed plans to chop 278 jobs in the nine-county region.

Qualcomm said it expects the most recent round of job cuts to take effect on or around Dec. 13, the company stated in the WARN letter, according to a post on the EDD public site.

The prior round of Qualcomm job cuts in the Bay Area took effect around July 18, WARN letters disclosed. Those triggered the layoffs of 84 workers.

Qualcomm also revealed it intends to slash 1,064 jobs in San Diego. Those also were slated to take effect around Dec. 13.


©#YR@ MediaNews Group, Inc. Visit at mercurynews.com. Distributed by Tribune Content Agency, LLC.

Comments

blog comments powered by Disqus