SM step down, CA or SJ? Workforce cut 15%? What else?
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Topics regarding layoffs at Qualcomm Inc.
Got a 4 the last review cycle, as my senior management didnt like the proposed project solution chosen. Choice was driven by recommendations given by other teams as well as by schedule vs available staffing. Solution worked but definetely could be... read more
Everything is connected. Layoffs don't happen for no reason, though so many want to believe that little fairy tale. Your illustrious political leaders will never tell you the truth about the economy until they absolutely have to, and by that time... read more
IBM has laid off 20,000 US employees over 40 years of age over the past five years... What about us? Any age discrimination?
Why do we need such a huge team in India? They are trying to steal our jobs.
Any good employment lawyers that you can recommend? I am getting jerked around a little on the package and need some leverage. I am so sick and tired of hearing the term "business needs." What ever happened to employee needs? Employees have been on... read more
Change Qlstir to $10 McDonald's gift certificate. Introduce a new reward that could be purchased. Pay to ride the shuttle Share office space with other employees - consolidate office space All business trips be converted to cattle class. Fly South... read more
Word on the street... buyouts offered for all US employees. The only thing that comes out after this is massive layoffs. Anyone taking the money?
So has anyone volunteered?
BUT Looking at INTC, TXN etc., they have not performed as well either. Infact qualcomm performed far better than those. Therefore why beat Qualcomm. Instead cane the management. QC will be back in action in future. No Layoffs for those who are... read more
Barely a week later and those declaring victory over Broadcom are already eating crow. Let's see how China retaliates against Trump's tariffs, with QC and other companies as a prime target. Why buy QC when you can, oh I dunno, ban them? Restrict... read more
If you want success with this initiative, be flexible and accommodating. Imposing restrictions will dissuade folks from...
Where is the guy? What kind of a leader is nowhere to be seen during time of crisis. He needs to resign ASAP or be kicked out ASAP. He’s done sod all since becoming CEO - what a waste of space.
They said that they will only layoff only the volunteer not others. this is legit.
2015 aint got nothin on this. good luck everyone
Employees don’t Like to continue the work. Think about shareholder ????????
Might as well use them up if getting laid off for certain
WFH all day long.
Is it true? If NXP does not go through Massive 400M stock buyback for $30B That will in short term send the stock to $70 again
As part of cost cutting will they sell the fleet of gulfstreams? May get close to 500M and save another 200M/year in operational expense. In 2015, Q bought a new gulfstream along with the cost cutting exercise. May be this time they will buy two... read more
Heard lot of them got letters today asking if they want to volunteer. Will be interesting to see what happens next
Hearing big announcements will be made tomorrow. Lot of hush hush meetings today. Something to mollify shareholders before the Friday meting ?.
SM busy looking for new job, that is why we have not heard from him for a while
Geez - QCOM stock is nosediving again! In general QCOM has averaged to the low side of flat. I should have dummed that stock years ago.
CA will be interim-CEO for now, but is expected to become full-time CEO in a few months with BoD's confirmation.
Has there been any information about this besides speculation?
Amazing! He did these people Make t the top anyway???
Looks like the news moved away from qcom to the facebook now. Lets see how ceo handle things there. Should there be something our management to learn from.
Guys, this isn’t fake. Lots of groups received this email today. They want volunteers to notify their management by March 26 if interested. Thereafter the actual layoff begins mid April. May 21st seems to be the date by which people would leave... read more
SM will step down this friday after market closes. CA will be promoted as the new CEO. CA is busy with last minute PR training to give bullish speeches, TV interviews on how new changed Qualcomm under him will be the leader in 5G, Automotive, IOT... read more
Although it could have been a PR stunt by CA to predict layoffs to get some shareholder traction, the cost cutting/restructuring surely means layoffs.... then what the hell these guys are doing by keeping us all in limbo and destroying morale??!! Get... read more
Its been a while we got an update from qualcomm.
He does not have any vision. He is always late on his vision and just follows the market. Qcom should have done RFFE 3 years before it started and same on ML and other things. If there is no leadership and vision - one should not be CEO.
CA: I know you like jokes.... But that was a cruel one.
Hang in there Qualcomm employees and you will surely beat Intel in the 5G race. I have a phone ordered with the 845 chip and I am most anxious to put it through a series of speed tests.