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Tech giant lays off 194 Bay Area workers as 1,258 jobs slashed

The computer chip giant Qualcomm will layoff almost 200 Bay Area workers. | Source: Photo by VCG/VCG via Getty Images

California tech giant Qualcomm is laying off 1,258 California workers—including almost 200 in the Bay Area, according to California Employment Development Department documents known as WARN notices.

One notice says approximately 194 jobs will be terminated from its Santa Clara offices. The other notice lists 1,094 cuts from the computer chip company's San Diego operations. Both notices were filed on Wednesday.

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The layoffs are slated to begin on Dec. 13, making this the second round of cuts this year after over 400 staff were turned loose from Qualcomm's San Diego offices and 84 from the Bay Area in May.

The semiconductor and software maker had over 51,000 total employees, most of whom were full-time, as of Sept. 25, 2022, according to Securities and Exchange Commission filings.

In late September, Bay Area technology companies announced hundreds of layoffs in five cities. Notably, Cisco Systems Inc. will lay off hundreds of workers in two San Francisco Bay Area cities next week.

In a WARN notice sent to the state on July 17 and received on Sept. 12, the company said it would permanently lay off 123 employees at a Milpitas address and 227 at a San Jose address. The layoffs will take effect on Monday, according to the notice.

Qualcomm said the layoffs are part of the company's larger restructuring process, which will continue into next year.

"We currently expect these actions to consist largely of workforce reductions, and in connection with any such actions, we would expect to incur significant additional restructuring charges, a substantial portion of which we expect to incur in the fourth quarter of fiscal 2023," a Qualcomm spokesperson told The Standard. "We currently anticipate these additional actions to be substantially completed in the first half of fiscal 2024."

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