3 publishers · first seen Tue, 10 Nov 2026 06:53 UTC · updated Thu, 12 Nov 2026 02:30 UTC
Qualcomm has initiated layoffs in India, affecting approximately 1,000 employees, as part of a global restructuring plan. The company, which employs around 20,000 people in India, has not disclosed the exact number of job cuts. The layoffs are expected to continue in phases, with another round anticipated in January. Qualcomm's CEO, Cristiano Amon, informed employees in October about the restructuring, citing the need to strengthen the company's performance culture. The layoffs are driven by challenges in the smartphone chip business, including declining revenue and rising memory prices. The company is also shifting its focus to new areas such as AI, data centers, and automotive technology. Affected employees have shared details of their severance packages on social media, which include several months of salary, additional pay based on years of service, and other benefits.
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