Qualcomm global layoffs will begin in November 2026 as smartphone shipments plunge 20 percent and memory costs strain device manufacturers worldwide.
Cristiano Amon
Qualcomm hits a record $12.3B in revenue, but a "global memory shortfall" has sent shares sliding. Discover why RAM is now the biggest threat to AI smartphones.
At CES 2026, Qualcomm CEO Cristiano Amon confirmed a return to Samsung for 2nm chip production, aiming to diversify supply as TSMC capacity tightens.