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Qualcomm will lay off 15% of its workforce, succumbs to cult of shareholder value

2015-07-23 20:37:22| Extremetech

Qualcomm had a mildly down quarter. In response, the CEO has kowtowed to activist investors, will fire 15% of employees, and vowed to investigate spinning Qualcomm's chip business off into its own business.

Tags: of value lay cult

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