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Qualcomm will lay off 1,500 workers to cut expenses
Mike Blake / Reuters
Today, chip maker Qualcomm began the process of laying off around 1,500 workers in California. The move is a part of the company's promise to its investors that it would cut costs by about $1 billion, according to Bloomberg.

Mike Blake / Reuters
Today, chip maker Qualcomm began the process of laying off around 1,500 workers in California. The move is a part of the company's promise to its investors that it would cut costs by about $1 billion, according to Bloomberg.