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Qualcomm layoffs severance package: 3 months' salary, extra payout based on years of service & one more month's pay for signing exit papers within 3 days; what employees are being offered
Qualcomm has reportedly begun laying off employees in India as part of a global workforce restructuring exercise that could affect around 1,000 staff, or 5–6% of its workforce in the country. Reports suggest affected employees may be offered three months' salary as severance, with additional compensation based on tenure and an extra month's pay for those who sign exit documents within three days. Qualcomm has not publicly confirmed the reported severance package.
Amazon Prime Refund: $3 million for customers after lawsuit alleges company made subscription cancellations complicated; also pledges $1.5 million for consumer protection
Amazon Prime Refund: Amazon has agreed to pay $3 million to eligible Prime customers in Arizona to settle allegations that its six-step membership cancellation process made it difficult for subscribers to end their memberships. The company will also contribute $1.5 million towards consumer protection, pay $1.5 million in legal expenses and donate $1 million to food charities. Amazon has denied wrongdoing.
Qualcomm initiates India layoffs: Here’s how much employees will get in severance
Qualcomm has begun implementing planned job cuts globally, affecting employees in India and the US (in California).
Tata AIG rejected ₹30 lakh accidental death claim citing alcohol consumption by the insured pensioner; here’s why family won the case
A family's claim for accidental death insurance was rejected by Tata AIG due to alleged alcohol influence at the time of an accident. However, the Tamil Nadu State Consumer Disputes Redressal Commission found significant evidentiary flaws in the insurer's case. The ruling mandated Tata AIG to compensate the family, highlighting the nuances of proving such exclusions in insurance claims.
Suvendu Sarkar rolls out Diwali bonanza for Bengal babus, hikes IAS allowances by 50%
The Suvendu Adhikari-led West Bengal government has announced a range of benefits for its IAS officers, including a 50% hike in monthly sumptuary allowances for senior officials, education loans of up to Rs 50 lakh for children's studies in India and abroad, and expanded foreign travel benefits under LTC. The package also includes housing, electricity and post-retirement benefits, along with allowances for official work-related expenses.
How will Democrats reduce your grocery bill once they take over Congress? Will rolling back Donald Trump's tariffs make food cheaper?
Democrats won both chambers of Congress after campaigning on the cost of living. Their grocery proposals range from rolling back tariffs to protecting food assistance. Some measures could help families pay for food even if the prices on the shelves stay the same.
Canva laid her off during maternity leave, but she is not walking away empty-handed: Pune woman reveals benefits included in severance package
A Pune woman who was laid off by Canva while on maternity leave has shared details of the company's severance package. Shraddha Khule, who joined the design platform in 2023, said employees can retain their MacBooks and receive a one-year LinkedIn Premium subscription, career coaching, interview preparation and access to an alumni talent directory. She also recalled how Canva supported her during maternity leave.
22-year-old man turns Green Gas meter update into Rs 32 lakh scam; Lucknow resident loses fortune after downloading WhatsApp APK
Lucknow Cyber Crime Police have arrested a 22-year-old man from Dhanbad, Jharkhand, over an alleged fake Green Gas meter update app scam that reportedly caused a loss of Rs 32 lakh. Consumers were targeted through WhatsApp messages asking them to install a fraudulent APK file. Here is how the alleged fraud operated and what police recovered during the arrest.
Jio Rs 10,000 recharge plan: 3-year validity, unlimited 5G data and calls, JioHotstar subscription and 50GB cloud storage
Reliance Jio has introduced a Rs 10,000 prepaid recharge plan offering 36 months of connectivity through a single payment. The plan includes unlimited voice calls, 2.5GB of high-speed data daily, unlimited 5G access and 100 SMS per day. It also bundles JioHotstar Mobile + Hollywood, 12 months of Canva Pro Lite and 50GB of JioAICloud storage. Here is a look at its benefits, availability and how it compares with Jio's other long-term prepaid plans.
Hegseth vows to fight impeachment as Democrats target US defense chief after midterm losses
US Defense Secretary Pete Hegseth has vowed to resist impeachment efforts following recent congressional elections. After Republican losses, his handling of the Iran war faces scrutiny from lawmakers. President Donald Trump continues to express support for Hegseth despite rising opposition within Congress. Hegseth has defended military policies, claiming they are essential for national security and military funding. The newly formed Democratic majority intends to investigate Hegseth's tenure extensively.
After laying off thousands, Meta now offers voluntary exit packages like Google and Microsoft. Here's all you need to know
Meta has launched a voluntary exit programme in France, designed to reorganize its team while pivoting towards artificial intelligence development. This attractive package includes severance pay, mobility leave, and extensive career support for transitioning employees. This initiative reflects a growing trend in the tech industry, as companies like Google and Microsoft are also adopting similar voluntary separation strategies. Employees wishing to participate must apply by November 5.
Woman seeks Rs 50,000 compensation from Gillette India, alleges women pay up to five times more for razors; consumer commission issues notices to top executives
The District Consumer Disputes Redressal Commission has issued notices to Gillette India Ltd regarding discriminatory pricing practices. Shipra Mathur alleges that women's razors are priced four to five times higher than men's razors. Counsel Inder Mohan Singh states that this constitutes unfair trade practices under the Consumer Protection Act. The complainant seeks directions to prevent such pricing and claims compensation for mental distress.
Karnataka bus fare hike: BMTC, KSRTC, airport bus passengers to pay more from tonight, check revised fares
Karnataka has increased fares across its four state-run transport corporations, with BMTC passengers in Bengaluru facing hikes of up to Rs 10 and KSRTC fares rising by up to Rs 9. The revised rates take effect from Wednesday midnight, November 4, amid rising diesel costs. The move comes days after Nandini milk and curd prices were also increased.
36-48 months of salary as Diwali bonus, rumours or true? Micron's bonanza to Indian employees confirmed by techie
Micron employees in India are reportedly receiving massive Diwali bonuses, with some payouts allegedly running into several times their annual salaries. Reddit discussions and posts on X have highlighted claims of employees receiving lakhs in cash and additional stock awards. One recently hired employee reportedly received Rs 12 lakh in cash and Rs 8 lakh worth of RSUs against an annual package of Rs 7-8 lakh.
SpaceX-Tesla merger could give Musk control without Mars, robotaxi milestones
Elon Musk's compensation packages at SpaceX and Tesla are tied to ambitious goals involving Mars and robotics. Recent discussions on a merger may provide Musk with greater voting control at Tesla. The current arrangement at SpaceX gives Musk significant voting rights without needing to achieve specified goals. Analysts suggest that Musk's plans may be adjusted post-merger to align with new market conditions.
CM Joseph Vijay disburses Rs 3,000 cr credit to SHGs in Perundurai, sips tea, buys local crafts
On Tuesday, Tamil Nadu's Chief Minister Joseph Vijay announced a remarkable distribution of Rs 3,000 crore to self-help groups statewide. During the event in Erode district, which received Rs 1,110 crore, over 9,000 members benefited directly. The Chief Minister also engaged with an exhibition displaying successful products crafted by women, enhancing support for their vital contributions to the local economy and showcasing their exceptional talents.
Matcha moment: A Japanese tea brews up a $96 million flavour in India
Matcha tea market India: The country's matcha market is set to expand, with projected revenue growth from $45.7 million in 2025 to $96.4 million by 2033. Café chains like Tata Starbucks are already seeing increased sales from matcha products, catering to evolving consumer preferences. Instagram and social media have played a significant role in the rising popularity of matcha drinks and recipes.
How jewellers calculate gold jewellery price: This formula reveals the final bill - Don't ignore these costs
Gold jewellery price calculation: Gold jewellery is available in different purities, including 22KT, 18KT and the increasingly popular 9KT, with higher karatage indicating greater gold content. The gold value is calculated by multiplying the net weight by the applicable per-gram rate for its purity. However, know that diamonds are priced separately. Their value depends on the 4Cs: carat weight, cut, colour and clarity.
Karnataka milk price hike: Nandini rates revised from today, check new prices of milk and curd
Karnataka has introduced new pricing for Nandini milk and curd, causing a rise in expenses for consumers. The increase spans from Rs 8 to Rs 12 per litre across different milk varieties. This decision will be advantageous for an estimated 26.89 lakh dairy farmers, as the state has raised the procurement price for them. These developments follow conversations between the state government, milk unions, and farmers.
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