Qualcomm layoffs begin in India, here is what Indian employees may get as severance
Qualcomm has begun a global workforce reduction, with approximately 1,000 employees in India expected to be impacted. Affected staff have shared details regarding severance packages, which appear to be based on tenure.
Why it matters
This reflects broader cost-cutting trends in the semiconductor industry as companies adjust to shifting market demands and AI-driven restructuring.
Chipmaker Qualcomm is conducting a mass round of layoffs globally. The company has reportedly begun cutting jobs in India, with as many as 1,000 employees likely facing the axe. While the company has not made any announcements following CEO Cristiano Amon’s memo last month, reports have shed more light on this restructuring.As per a report from Financial Express, Qualcomm is expected to cut roughly 7 per cent of its global workforce that stands at 52,000, or around 3,600 jobs. In India, Qualcomm has about 20,000 employees across facilities in Bengaluru, Hyderabad, Delhi NCR and Chennai.The report adds that about 1,000 jobs in India may be impacted by this round of restructuring, with another round expected in January next year.
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