Qualcomm cuts up to half the jobs in its data centre unit

Jamie McKane

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Qualcomm cuts up to half the jobs in its data centre unit

Qualcomm Inc. is cutting about 280 jobs in its data-center chip unit, scaling back efforts to break into the server market to pare expenses and keep promises made to shareholders.

The company will eliminate 241 positions at its design center in Raleigh, North Carolina, and 43 in California, according to notices filed with those states.

[Bloomberg]
 
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