Qualcomm layoffs 1,500 employees in India amid restructuring | India Business News
Bengaluru: Qualcomm has begun a round of layoffs in India, affecting around 1,500 employees, amid a renewed emphasis on performance and organisational efficiency by its chief executive Cristiano Amon.The job cuts come even as the US semiconductor highlighted India’s growing importance in its global engineering and semiconductor development operations. The company has around 18,000 employees in India. An email sent to Qualcomm on the layoffs in India didn’t elicit a response till press time.In February, Qualcomm Technologies announced the successful tape-out of its 2nm semiconductor design, a significant milestone in advanced chip design that underscored the capabilities of its engineering teams in India. The work involved collaboration across its engineering development centres in Bengaluru, Chennai and Hyderabad.The Bengaluru campus is a key engineering hub for the development of next-generation wireless, AI, computing and system-level technologiesThese centres constitute one of Qualcomm’s most advanced engineering footprints globally and its largest engineering workforce outside the US.Its Indian teams contribute to design implementation, validation, AI optimisation and system integration, supporting architectures and platforms developed by the company’s global teams. These technologies power products and platforms used by billions of people worldwide.Qualcomm has had a presence in India for more than 20 years, building substantial engineering capabilities across wireless, computing, artificial intelligence and system-level engineering..
Source: timesofindia.indiatimes.com