Qualcomm stated in state filings that it will lay off approximately 194 workers in its Santa Clara offices and another 1,094 employees at its San Diego headquarters. The cuts are slated to launch Dec. 13, based on a notice submitted to state officials this week.
The job cuts represent roughly 2.5% of Qualcomm’s workforce and mark the second round of layoffs for the semiconductor manufacturer this year. In May, it laid off more than 400 staffers at its Southern California offices and 84 in the Bay Area.
“Given the continued uncertainty in the macroeconomic and demand environment, we expect to take additional restructuring actions to enable continued investments in key growth and diversification opportunities,” the company wrote.
In separate filings, the San Francisco financial tech company LconcludeingClub Corp. stated Thursday it plans to reduce its workforce by 172 individuals, representing around 14% of its employees.
In a letter to state and city officials, the company stated it will launch the layoffs on Nov. 1 on a rolling basis through Dec. 5. All employees will receive a severance package that includes a minimum of 60 days base pay and benefits, the company stated.
“We apologize that we were unable to provide you with more advance notice of this action,” Tina Wilson, chief people officer of LconcludeingClub Corp. wrote. “These business circumstances were not reasonably foreseeable as of the time that notices would have been required. After reviewing our staffing and business requireds, we are providing this notice to you at the earliest possible time.”
Supply chain software startup Flexport, also based in San Francisco, announced it will lay off about 20% of its workforce starting Friday.
Flexport CEO Ryan Petersen, who reclaimed his position last month, sent a note to staffers Thursday afternoon informing them of the job cuts. The company had about 3,500 employees as of late September, according to public data.
“Today is a tough day, but we are a resilient, purpose-driven team that will overcome this setback and deliver on the promise of our mission of building global commerce so straightforward that there will be more of it,” Petersen wrote.
The memo did not specify how many local positions would be impacted by the cuts. The company has not yet filed papers with the California Employment Development Department.
Petersen noted that U.S. employees will receive nine weeks of severance, two months of health care coverage, and immigration support through the conclude of the year.
Reach Aidin Vaziri: avaziri@sfchronicle.com
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