Qualcomm (QCOM.O) CEO Cristiano Amon told staff in a memo on Monday the company
will carry out performance-driven layoffs following its annual employee reviews.
Amon said the move is aimed at building a stronger performance culture and
addressing areas of sustained underperformance; the memo did not specify
affected headcount. He said the process will weigh business priorities,
organizational needs, and required skills and expertise.
