Qualcomm Layoffs and Real Estate

http://www.nytimes.com/2015/07/23/technology/qualcomm-earnings-q3.html The Qualcomm press release today: http://247wallst.com/technology-3/2015/07/22/qualcomm-to-fire-15-of-staff-after-cutting-outlook-adding-directors/ An excerpt: The company expects to fire about 15% of its semiconductor business’ full-time staff, significantly reduce its temporary workforce, and streamline its engineering organization. They expect to layoff around 4,500 people company-wide.  What does that mean for the local real estate market?  Let’s point out the general … Continue reading Qualcomm Layoffs and Real Estate