Qualcomm has announced job cuts across its global operations through a performance-based layoff program. According to Tom's Hardware, CEO Cristiano Amon says the move will build a stronger performance culture as the company turns toward AI data center products and network edge technology.
The decision is part of a broader shift across the sector. After years of aggressive hiring, several technology companies are trimming their workforces to fund AI ambitions. The report points to Meta, which announced the elimination of 8,000 positions to finance AI infrastructure.
At the same time, competition for process engineers, chip designers and AI software developers remains fierce. The coverage cites estimates from McKinsey and the SEMI Foundation on the shortage of talent in the United States, which suggests the cuts are hitting roles outside the priority lines rather than chip talent as a whole.
For tech professionals, the case shows that job security in roles unconnected to AI is shrinking, while positions tied to AI remain in high demand. The Week in Tech believes that performance reviews used to reduce headcount need published criteria to be seen as fair.