Qualcomm begins layoffs in India, with about 1,000 jobs reportedly at risk
The first round started at the chipmaker's Bengaluru site and is expected to reach Hyderabad, Delhi-NCR and Chennai.
- Jobs at risk: ~1,000 (estimate)
- Qualcomm India staff: ~20,000
- Handset chip revenue: -26% to $5.14 billion
What's happening
Qualcomm began cutting jobs at its Bengaluru campus on 9 November, and the cuts are expected to spread to Hyderabad, Delhi-NCR and Chennai. Teams working on RF, Bluetooth, Wi-Fi and GNSS may be affected. Early estimates put about 1,000 roles at risk out of roughly 20,000 staff in India, though Qualcomm has not confirmed a number and some reports suggest fewer.
Severance and the reason
Reported severance is three months' pay plus a component based on tenure, with one extra month for those who sign within three days. CEO Cristiano Amon had flagged a 'performance-focused workforce reduction' in October, after revenue from handset chips fell 26% to $5.14 billion last quarter.
