Small number lay offs 5% in January.
Topics regarding layoffs at Qualcomm Inc.
(thread on Intel's Board): @OP+169pV12Q or https://www.thelayoff.com/t/169pV12Q
I have a family and I would like to know more, there are rumors but not sure if that is a truth
Does anyone know what was the typical percentage salary increase from snr. eng to staff eng at QCT recently, e.g., 2018-2019? Also, does it differ between modem and non-modem? Would appreciate any input. Thanks.
Keep hearing this week in the GPS labs, on outsourcing and lay offs in US-SD. Anyone has more information?
Does anybody have any reliable lay-off info? I have a family , need to know. No trolls please. Thank you
15% lay-off in September, people who worked more than 10 years will be severely impacted. They are replaced by young or and fresh graduates.
Got excellent ratings and was promoted to Staff not too long ago. They escorted me out right away. Did not even get a chance to copy my personal docs from my machine. Super bummed.
My boss insulted me saying that I am talking like high school kid though I have doctorate. I felt really insulted but could not react immediately as I was gone to frozen mood. I did not believe Qualcomm has such bosses . Where should I report ? Or... — read more
i have just joined as contractor as verification engineer. i got to know that there are plenty of full times jobs opened, if so can i directly talk to other haring managers for fulltime interviews. is there any rule such since i am a contractor, i... — read more
Many tech companies Very slowly realizing now that we are heading to full blown recession and it is not going to be V shaped recovery, it takes many years economy to come back. This quarter many tech cos refused to give guidelines, expect 50-60%... — read more
question is how many and when
As I know there will be a huge lay being planned within the two months, demand from China declining, phone shipment declining by 50%. Management wanted to postpone layoffs but cash reserve is depleting faster than everyone thought.
Rumors in my friends group
Lose business, impact will be sever going to the last Q
Everybody is mentioning future layoffs, but what about right now? Have there been any coronavirus-related layoffs? Shouldn't we be more worried about that happening - if it hasn't already in some departments - instead of worrying about September and... — read more
People who are here from more than 7-8 years became lazy, coming to work at 11 am, going for tennis, gym, lunch, coffee tea. They are highly unproductive but taking big bonus, salary, RSU, retention bonus etc. lot of managers they don’t know project... — read more
If you think that only small lay off like 10% you are in illusion. Expect at least 20% cut across the board in September.
https://www.google.com/amp/s/www.theverge.com/platform/amp/2020/4/4/21207927/5g-towers-burning-uk-coronavirus-conspiracy-theory-link The intelligence of the Brits is worrisome
I think it is inevitable as demand declining up to 70%. Trump will ask company retain Americans or else there is a consequence.
Confirmations on candor.co/hiring-freezes/
Can anyone in this forum who has worked for both Apple and Qualcomm provide comparison about working environment and compensation structure between the two companies? No troll answer please.
As a new hire, I’m starting get concerned about this crisis and was wondering how likely is if for Q to start the lay offs especially for new hires?
I heard that several groups in the company received large salary increase recently. If it happens to be you, can you please share which group and how much increase you received?
Lay off imminent.
Stock holder finally understood executive are over paid for regular duties
Can someone chime in. I see glassdoor and levelsfyi info but it seems off. I'd appreciate any input.
Thoughts? Comments? Where is this taking us?
It is 2009 all over again and cuts will be deep and jobs will not come backs. Products not selling, supply chain starting to shutdown due to coronavirus, and employees get holding the bag and RIFed. Execs will get bonuses for cutting jobs.
And so it begins the inevitable....stock back to 50s...sure you can say Coronavirus but the reality is outside of 5G there is nothing. And even 5G is a competitive space with the usual QCOM dropping of prices and op margin to 10% in no time. In a... — read more
harder than you even thought of
What will happen to stock tomorrow? Company 4q 2019 earnings release COB tomorrow.
How many work at the company? What is the overall employee count at San Diego?