New Delhi, Nov. 15 -- Qualcomm employees affected by the latest round of layoffs in India could receive compensation worth up to four months' salary, along with additional payments linked to their years of service. The reported severance package includes an offer of three months' salary, with an extra month's pay for employees who complete their exit formalities within a specified deadline.

According to a Moneycontrol report, the US chipmaker has started cutting jobs in India, with employees in Bengaluru among those affected. The company is also expected to reduce its workforce in Hyderabad, Delhi-NCR and Chennai.

While the exact number of job cuts has not been confirmed, initial estimates suggest that around 1,000 employees in India co...