Qualcomm layoffs: What severance package offers

ET Online Qualcomm has reportedly begun laying off employees in India as part of a global workforce restructuring exercise, with the move expected to affect around 1,000 staff members, or nearly 5-6% of its workforce in the country. The job cuts are said to have started at its Bengaluru operations, with senior engineers and experienced employees among those affected. The development has also brought attention to the Qualcomm layoffs severance package , with reports suggesting that employees being asked to leave have been offered compensation equivalent to three months' salary, along with additional payments based on their tenure. Employees who sign their exit documents within three days have reportedly been offered an additional month's salary as an incentive. However, Qualcomm has not publicly confirmed these severance arrangements. Qualcomm layoffs severance package: What employees are reportedly being offered According to reports, affected employees in India are being offered severance pay equivalent to three months' salary. The compensation is also understood to include an additional amount linked to the employee's length of service. Read more - Amazon Prime refund: $3 million for customers after lawsuit alleges company made subscription cancellations complicated; also pledges $1.5 million for consumer protection There is reportedly another financial incentive for employees who complete their exit formalities quickly. Those who sign their separation documents within three days have been offered an additional month's salary. Live Events The reported package has not been officially confirmed by Qualcomm. Details of the final compensation and eligibility conditions may therefore vary depending on individual employment terms. Read more - Noida to Greater Noida West Metro gets Rs 2,390 crore boost: 8.5-km Aqua Line extension to have five new stations; check route, interchange & completion timeline Qualcomm India layoffs to affect Bengaluru, Hyderabad and other centres The restructuring reportedly began at Qualcomm's Bengaluru operations, with senior engineers and employees who have spent several years at the company among those affected. The exercise is expected to extend to its engineering and research centres in Hyderabad, Delhi-NCR and Chennai. Reports suggest that the cuts could affect around 1,000 employees in India, representing approximately 5-6% of the company's workforce in the country. Potential reductions have also been reported across several engineering teams, including radio frequency (RF), Bluetooth, Wi-Fi and global navigation satellite system (GNSS) divisions. Why is Qualcomm laying off employees? Qualcomm chief executive Cristiano Amon announced a global workforce restructuring exercise on October 20, following the company's annual performance review process. The company described the move as performance-focused, aimed at strengthening accountability and aligning its workforce with changing business priorities. However, the reported selection of senior and experienced engineers in India has raised questions about whether the exercise also involves broader organisational restructuring and cost reduction. According to reports, decisions on affected employees may have considered individual performance ratings, team-level assessments and inputs from senior management, including business leaders based in the US. Qualcomm shifts focus beyond the smartphone market Qualcomm has traditionally relied heavily on the global smartphone market for a significant share of its revenue. However, the sector has faced pressure, prompting the company to expand into other technology segments. These include artificial intelligence, automotive technologies, connected devices and semiconductors for data centres. The workforce restructuring comes as the company seeks to align its operations with these evolving business priorities. Global technology layoffs gather pace in 2026 Qualcomm's India job cuts come amid a wider wave of workforce reductions across the global technology industry. Companies including Oracle, Amazon and Meta have also been associated with major restructuring exercises. The figures cited in industry reports point to more than 80,000 technology jobs being cut in the first quarter of 2026, with total job losses projected to exceed 3 lakh over the year. Inputs from agencies Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel ) Read More News on Qualcomm layoffs Qualcomm layoffs severance package Qualcomm India layoffs 2026 Qualcomm severance package Qualcomm employees layoffs Qualcomm India workforce restructuring Qualcomm Bengaluru layoffs three months salary severance Cristiano Amon Qualcomm global tech layoffs 2026 (You can now subscribe to our Economic Times WhatsApp channel ) Read More News on Qualcomm layoffs Qualcomm layoffs severance package Qualcomm India layoffs 2026 Qualcomm severance package Qualcomm employees layoffs Qualcomm India workforce restructuring Qualcomm Bengaluru layoffs three months salary severance Cristiano Amon Qualcomm global tech layoffs 2026 Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Business of Odd Things: The farm that needs no land, freshwater, or fertiliser KYC and KYB: Inside Pidilite, the company that turned Fevicol into a word for a strong bond – Part 1 of 3 Seoul halts trading, Nifty has its best week since 2021: Money leaving the AI trade – will it land in India? Junk bonds are cracking at the bottom. Will the noise get loud enough to make ‘junk bond’ a household term again? PNG connections rise half a million, but how many use piped gas for cooking? Some elections matter more than you know: No crop changed in the fields, yet sugar, coffee and soya got cheaper in a day 1 2 3 View all Stories