game over regardless. but now, kissing butt and playing favorites will play a bigger role on whether or not you get laid off. the qualcomm way is here to stay! ain’t life a peach. seniors and directors rejoice as they can now manipulate the numbers... — read more
To those who think this is good news
You will find out different. No deep pockets to see Qualcomm through hard days. No long term plan. Just a desperate company that has no choice but to live within its means. You are in for a very big surprise if you think this is good news.
Sanjay Jha taking over after in 2 weeks ?
After layoffs are settled by SM. Hear he was spotted in Qualcomm campus.
How does this affect China deals and market share ?
Qualcomm shared plenty of news from China/Asia. How does this affect Qualcomms bottom line ? Is INTEL a winner here ? For modem market; Apple - gone Asian market - probably marginal with the drama now ( including Auto ) Us market will be shared... — read more
To all shortsighted hocksuckers...
I can't believe the shortsightedness among investors. If you're not happy about a stock's performance invest elsewhere. Rooting for a takeover of a US business by a Chinese one that will just dismantle it, throwing American leadership in a highly... — read more
SM is confident again
We are awesome, strong and well positioned...LOL
Layoff details
From all the the rumors Layoffs in mid April If you are NOT in good relation with your lead/manager, you will be laidoff. Folks in their mid 30s to late 40s will be targeted. If you are younger than 30 or older than 50, you will be safe. Lists... — read more
Last act of the day
Shareholder meeting is bumped up and it is 10 days from now. March 23rd.
Geoshifting - move US jobs to low cost centers
QC management should thank San Diego congressmen for CFIUS outcome. How will they feel when they know that QCOM is planning massive Geoshifting and laying-off folks in San Diego for lower cost centers?
DON'T WORRY GUYS!
I told ya!
No more layoffs
All the useless directors and VPs will continue to rest and vest. Life is good
Intel or Apple?
With AVGO at least temporarily out, and stock dropping, and investors confidence in Q nonexistent, who will take over? Will Intel or Apple wait and see if NXP goes through, taking Qualcomm's free cash out of the picture, out will the try to get in... — read more
So you assume we'll keep our jobs now?
Why on earth would you think that? No savior, means Qualcomm has to figure out how to survive on its own now. Yes, layoffs if bought out, but layoffs either way because.....they simply have to.
QCOM below $60 after hours.
Market knows management can keep milking the cow now.
Did FPA call in a favor?
Wow, Trump did the right thing. Did he actually listen to his advisors or know what the CFIUS does? Perhaps somebody external gave him a friendly call and told him what to do here. I'm thinking FPA. Either way, good to see. Now to just shake the... — read more
next step
I am pretty sure intc will buy qcom
Does China now block NXP deal?
Could get interesting!
SM stepping down tomorrow ?
That may help the stop hold at 58 !!!!!!!
Trump blocks acquisition
http://www.nytimes.com/2018/03/12/technology/trump-broadcom-qualcomm-merger.html
A simple question to all ..
Now that Govt. has declared this as a security concern, Why is govt not raising concerns on all the other deals in las vegas, businesses , real estate [ commercial and residential ] over the years. How come no one blocked the investors buying... — read more
Bye bye Hock Tan- no big layoffs
Folks at bldg N 10th floor are partying hard.. 1B cost cutting will be done similar to 2015 now.. Favoritism will play a big role in layoffs
Welcome to the 40s.
In 2 weeks.
Trump issues order prohibiting Broadcom's bid to take over Qualcomm
Trump issues order prohibiting Broadcom's bid to take over Qualcomm https://www.cnbc.com/2018/03/12/trump-issues-order-prohibiting-broadcoms-bid-to-take-over-qualcomm.html
QC in News Today - Quick Media Recap @ 1PM PDT
Intel May Join The Fight For Qualcomm (Recode) https://www.recode.net/2018/3/12/17107910/intel-broadcom-qualcomm-chipmaker-acquisition-rival-facebook-ar-redditmeredith-museum-failure Deal Headed for Rejection (The New York Times)... — read more
Economic Outlook for California: Exceptional
Just my two cents, a bit off topic (layoffs) but somewhat relevant nonetheless. Putting things into perspective - the job market is tightening across the board and this is especially true when it comes to quality tech staff. If you have skills, you... — read more
We NEED good strategy
Pure tech companies will wither away if you do not have good strategy. I see most of the posts about how folks are complaining that VPs and Principals cannot code etc. At that level you are should not code and if you do then you are no better than a... — read more
The end, please?
Anybody else on here feels like they are a part of a really bad economic/spy movie that has been running for hours and hours without anything concrete actually happening and now everybody in the audience is just praying for it to be done one way or... — read more
Eight hours of meetings followed by 6 hours of work
Average day at Q: eight hours of meetings where people share wrong or incomplete information. Chased by 6 hours in the lab trying to get actual work done in spite of endless IMs from half way around the world. It was a top ranked concern on a recent... — read more
I knew it!
I knew that once national security issues emerged that this attempt at a takeover was as good as done. Apparently there is still some common sense left among those running this country. I have to say, this is the best news I've heard in a long while... — read more
Hock angers CFIUS
uh oh Hock made a "my bad" AVHO in violation of US Order. How can anyone take him serious about his claims to being loyal to US national security?
U.S. government says Broadcom violated order in Qualcomm merger bid
https://www.reuters.com/article/us-qualcomm-m-a-broadcom-merger/u-s-government-says-broadcom-violated-order-in-qualcomm-merger-bid-idUSKCN1GO1Q4
Singapore-based Broadcom to redomicile to U.S. by April 3
https://www.reuters.com/article/us-qualcomm-m-a-broadcom/singapore-based-broadcom-to-redomicile-to-u-s-by-april-3-idUSKCN1GO15X
Sanjay Jha to take over QCom, announcement to be soon.
Huge layoff to follow.
Let's all have a nice, productive Monday!
Don't let rumors and makes drag you down. Work hard and let's get things done!
Which week is the layoff announcement expected?
Serious replies only. Tired of waiting.