Issue 14 · Nov 2–8, 2026Agent Age News magazine · Other editions · Method · HU / ENG

How AI is affecting work, careers and HR, curated weekly

layoffs · global

Qualcomm to start global job cuts in November; eBay to cut 1,000 jobs

Oct 20, 2026 · Issue 12 · 6 sources, 6 articles

Qualcomm will reduce headcount globally after its annual performance reviews, with notifications starting in November, according to an internal memo from Cristiano Amon. eBay is cutting 1,000 jobs, and its CEO's memo says the strategy is working.

Who is affected and how

employee
The Qualcomm example shows a performance review can precede layoffs, so documenting your performance matters during the review period.
HR professional
Layoffs based on performance reviews carry legal and communication risk, so a pre-agreed process is needed.

Sources

Machine-generated summary based on the titles and excerpts of the source articles. The facts come from the linked article.