SAN DIEGO-Qualcomm Inc. reported it was laying off approximately 200 workers, or roughly 3 percent of the company’s 7,000 employees, in what Qualcomm said is a companywide employee adjustment.
Diana Baldwin, a Qualcomm spokeswoman, said the move was part of an ongoing company adjustment to balance the company’s needs with its personnel count and that the job losses were companywide involving both regular and contract workers.
Qualcomm stock was down $2.63 midday Friday after the layoffs were announced to $58.88 per share.
