Qualcomm layoff 2026: Chip manufacturing company Qualcomm has started laying off employees worldwide. In this, employees working in India and America are also going to be punished. Company CEO Cristiano Amon called it a performance-focused layoff in an internal message. However, the company has not yet clarified how many employees will lose their jobs. According to reports, some employees in India have received termination notices. In such a situation, the biggest question is how much money will the employees get if they lose their jobs?
How many employees will be employed?
Qualcomm has not yet disclosed the final number of employees affected by the layoff. In earlier reports, it was estimated that about 1,000 employees in India would lose their jobs. However, in later reports, this number was said to be much less than this. By September 2025, Qualcomm had about 52,000 employees working worldwide. At present the company has not made public the final figures of layoffs.
What will the employees get in the severance package?
According to information shared by fired employees on Reddit, the company’s severance package may include many types of payments. Under this, employees can get two weeks’ gross salary as base severance. Apart from this, two weeks’ extra salary can be given for every year worked in the company. If an employee has worked for less than a year, then it has also been said that he will get pro-rata based payment. Along with this, a lump sum amount can also be given for health coverage. However, these things are based on the experiences shared by the employees online. The actual payment terms will be decided in their severance agreement.
Will you get extra salary if you sign the agreement early?
Another special thing has come to light in the severance package. According to some employees, if they sign their exit agreement within the stipulated time, they can get one month’s extra salary. It is being told that in some cases a deadline of two days has been kept for this. However, before signing the agreement, it is important to read all its terms carefully. Some employees have also raised questions about clauses under which employees can waive their right to take legal action against the company on certain employment-related claims. Therefore, it is important to understand the terms of your agreement instead of any online information.
This is the reason for layoffs in Qualcomm
Qualcomm’s smartphone chip business is under pressure. Weak consumer electronics demand and rising memory prices have impacted smartphone sales. The company has also warned that Apple’s earnings will decline faster than expected. In an internal memo in October seen by Reuters, CEO Cristiano Amon had said that the company wants to strengthen its performance culture. Under this, attention is also being given to those employees who are not able to consistently perform as per the set expectations. The company says that layoff decisions will be taken keeping in mind the needs of the business, the needs of the organization and the skills required in the future. At the same time, Qualcomm is increasing investment in new businesses like AI infrastructure, data center and automotive technology, so that dependence on smartphone business can be reduced.
Source: ndtv.in
