In July, Qualcomm revealed plans to trim its 31,300 global workforce by 15 percent worldwide over the next year. It aims to cut expenses by $1.4 billion annually.
As of May, the company employed about 15,000 full-time, part-time and temporary workers in San Diego.
Some San Diego officials expected larger job losses – though attrition since the restructuring was announced may have reduced the need for a larger layoff.
Even so, laid-off workers may struggle to find jobs in the region at wages that match what they earned at Qualcomm, said Kelly Cunningham, economist for the National University System Institute for Policy Research.
“With engineering, it gets so specialized,” he said. “I have wondered if these workers are going to have a challenging time finding at least equal paying work in San Diego. It might require them to move to wherever they can find opportunities.”
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