Ruthless demand for shareholder value is slashing jobs at record levels even while posting record profits. It’s utter madness: fire workers, cut costs, and watch the stock price climb, all while those same executives pocket massive bonuses and RSU... — read more
Layoff
Guys does anyone know the final % and dates of layoffs?
First lay off Oct 10, second one in Feb 2025
Second one is big, first one only 5%
Who are they coming for in the coming LR?
I guess across the board, but I’m hearing sales and engineers may end up affected the most. Anyone know more or anything for a fact?
5% now. 8% next year.
You heard it first here. It is an yearly project, just like 8x50 series.
For Whom the Bell Tolls?
It Tolls Thee, just be ready SD
Thinning of the herd
If 9/12 comes to fruition (I believe so), that makes the 5th layoff in a little over 2 years. It's obvious Qcom will continue to thin the herd state-side in their plan to establish a new herd offshore. My humble advice, any engineer short of design... — read more
500 from SD?
950 worldwide.
Work/life balance
What happened to the work/life balance? I used to be able to finish everything in my normal hours. Now, I'm lucky if I don't go over 60 hours each week. Usually, I'm at 70+. I'm about to throw in the towel and quit if something doesn't change... — read more
Should I volunteer
I discussed with my manager, and I'm not currently on the list. However, I'm considering volunteering since I find the package hard to resist (I have 10+ years of experience in Q). Is it too late to volunteer now that the list is almost finalized? If... — read more
IT AHM
Tone deaf presentation with videos of management getting the royal treatment at QIPL, BDC to room full of SD employees. Seriously?!!No one cared about the 'Programs' either. No one bothered to ask questions. What a joke.
14 more days, brace for impact.
Sage is coming. Sep 12 and 13. She wears black and carries a scythe. May god protect us all.
Any further update on layoff
Usa Long weekend is already here. Another Wednesday also done Do we need what date they are looking for? MST is still very hush hush an all acting super busy
50 most valuable companies, no qcom?
No Qcom in the 50 most valuable companies list? How can L'Oreal be more valuable? https://www.visualcapitalist.com/ranked-the-50-most-valuable-companies-in-the-world-in-2024/
Picnic… seriously?
While employees are worried about their vague career future at the company, our department decided to organize a picnic, what kind of mind games are these?
Why does Management as for feedback if they are not willing to listen?
Every month or so management will have a meeting to ask for feedback but when engineers give their feedback it is usually brush off as our own problem rather that things they can help to improve. If all they wan to hear is management is great, Q is... — read more
Alternatives
A lot of posters talk about how bad it is at Q. As a fairly new hire, I see work life balance is not bad and San Diego scene is really gr8. Working at the hw/sw interface is actually neat. What am I missing? I have friends working at other places... — read more
"Assessing Overpayment: Why Isn't Qualcomm Optimizing Costs for Senior System Analysts?"
Senior System Analysts are being paid between $120k and $150k, while other companies typically pay $70k to $110k for similar roles. Much of the work they're doing could be handled by fresh graduates with 45k to 70k. Why isn't Qualcomm more sensitive... — read more
Manager suddenly asks for my total yrs experience before qualcomm
As title suggests manager suddenly asks me total years of experience before qualcomm on a teams chat. When i asked why he mentioned that its for AR24. They want to be fair to all employees and give recognition based on contributions and years of... — read more
Returning the signon and relocation bonus
Has anyone left the firm before completing the signon and relocation bonus tenure ends? What happens ? Will they get behind employee to return the amount and if not will they send to collection or does Qualcomm usually not care at all?
Evaluating Long-Term Employees at Qualcomm: The Case for Change
Those who have stayed with Qualcomm for 8-10 years or more may lack the adaptability or skills needed to find new opportunities, as they've been doing the same tasks repeatedly. As a result, they have become less productive, and Qualcomm is... — read more
Intern rollovers?
With all the talk about upcoming layoffs, does anyone know if intentions to rollover intern hires to full time will be more favourable than last year? In years prior to last, I was told this was typically a 90+% conversion. Makes me question the ROI... — read more
Sept layoffs?
Can anyone confirm this? Layoffs will happen in September last pay day would be early November Total folks affected would be 150-180 in SD and less than 300 in NA. REMOTE EMPLOYEES BEWARE. Bonus would be 1.35X and no bonus for... — read more
He said there will be very small, targeted layoffs
Though, i wonder how small it will be
If you're smart and ambitious, stay away
Qualcomm has very slow career advancement and leaves no room for initiative taking. I thought I was making a good choice for my future when I joined four years ago and now I realize that I basically brought it to a screeching halt. I as good as... — read more
Where's the Layoff Trolls at???
I haven't heard anyone getting notified in SD, yet alone 2 days before AH which is unheard of. All the rumors must be ex-QCOMers still wishing they can rest-n-vest....LOL!!!!
CEO said last time:” no more layoffs ”
Did he lie? Or he's just incompetent?
If any of you are looking for another job
can you, pls, share your experiences? I’m shitless scared of losing my job here, but also completely unmotivated to look for another. I put the feelers out there, and it ruined my morale. Also, all I’m hearing about are some bad experiences, people... — read more
Glad I'm retired Q is turning into a real s..t ho..
Better to be layedoff take the package if you can
Counting attendance days
This is being done first time in the history of the company. Makes me think something is afoot. Agree?
No layoff, all rumors
There won't be any layoffs this year, even though Qualcomm needs to reduce its workforce by 20%. However, it's essential that senior staff and principal engineers be included in the layoffs. Many of them are doing work that junior engineers could... — read more
Layoff confirmed. Any suggestions on volunteering
I have multiple sources that can confirm the layoffs, and names are currently being compiled. I'm not sure if I'll be on the list, but I’m considering volunteering. How can I ensure that my next employer understands I volunteered and wasn't passively... — read more
Fat Paychex
Too many principal and above earn fat paycheck and contribute very little in terms of execution or strategic vision. Did someone speak about save $$$?
This is becoming more and more ridiculous
CA in next AHM: Let the hunger games begin… is job security now a dream?