The exact number of employees being let go has not been specified. The tech giant has stated that this new round of layoffs was due to the company’s change in ‘long-term strategic goals’ as well as ‘location strategy’. The company further stated that it will also be moving some divisions and employees to other locations and roles. The employees affected by this company strategy include WhatsApp, Instagram, and Reality Labs.

Those affected by the layoffs have taken to social media websites like X to disclose that they had been let go. According to reports, employees belonging to Facebook’s legal operations, recruiting division and design division have been laid off. On the other hand, some reports have stated that Threads’ legal operations and recruiting division have not been affected. A former employee at Meta stated that severance packages were offered to the employees if they chose not to take on the new positions as appointed by Meta.

Meta Layoffs: More on this new wave of layoffs

Some rumours have begun spreading about the reasons for the new wave of layoffs. According to a report, some of the workers had been fired as they used the $25 meal credits to purchase household items instead of food.

The tech industry is no stranger to job layoffs. There seem to be major tech layoffs happening every month or so. Meta has infamously laid off 11,000 employees in 2022 alone. Later in 2023, the leading tech company announced a layoff affecting more than 10,000 jobs as part of Mark Zuckerberg’s new strategy.

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This is not Qualcomm’s first time laying off its workers. The decision to lay off the workers in Sand Diego comes not even a year after the company laid off 1.250 workers in 2023. The California WARN notice announced the job layoffs but The San Diego Union-Trubune were the first to report on the Qualcomm layoffs. 

Employees from 16 facilities across San Diego will be hit and Qaualcomm’s headquarters are no exception. The company’s headquarters in San Diego also has a cybersecurity team. However no clarification has been given regarding whether this division will be affected. The tech company has reported a 435 billion annual revenue and the company’s CEO, Cristiano Amon got a hefty $23.5 million compensation package. 

Qualcomm Lays Off: Growing trend of tech layoffs

Qualcomm is one among many tech companies that have laid off their employees. The lack of job security has made working in the tech industry a gamble. This ‘trend’ of tech layoffs is expected to continue as the years go by. Concerns about AI taking over jobs are also up for debate which could lead to even more layoffs. But there are other factors such as a shift in company priorities or budget cuts. These reasons could lead to people losing their jobs.

Other than the Qualcomm layoffs, tech giants such as Microsoft have also cut down more than 650 jobs from the Xbox division, The layoffs affected the supporting and corporate division. No game development divisions were affected by this layoff. Furthermore, the company has also laid off 1,900 employees from the gaming division, which includes employees from Activision Blizzard, Xbox and ZeniMax.  

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