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To save $ 1 billion, Qualcomm will fire up to 1,000 employees

The manufacturer of mobile chips Qualcomm began to reduce its staff after President Trump forbade the Singapore Broadcom to absorb the US company for $ 117 billion. Both regular and temporary employees will be dismissed.

As of September 2017, the company employed 33,800 people. Over the past year alone, 3,300 people have settled in Qualcomm. Throughout the world, the company may lose 3% of its employees.

Reductions were the result of the company’s obligations to shareholders to reduce the expenditure side of the business.

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