I heard that C-level IT management is telling their direct reports to make the QIPL teams look good even though they’re not doing a good job and to divert the credit for all work to QIPL teams even when the majority of that work is being done from... — read more
More useless promotions
One of our middle managers in PMIC got promoted yet didn't work on a profitable project for the last 5-10 years.
401k cashout?
Got Q'ed last month. Does Qualcomm cash out 401ks or roll them over?
It's Quiet
A lot less complaining going on here. I guess they fired anyone that called them out. That's one way to "solve" the problem. I feel sorry for future hires. They have no idea what's coming. Those managers are still there, untouched.
Does Apple's suspension of modem development mean that many rounds of layoffs this year are wrong decisions?
Many rounds of personnel reduction plans this year are C&A thinks that Apple will have its own modem in 2024, but the current news is that Apple's development is blocked, does it mean that C&A has been fooled? I feel that C&A is like a clown... — read more
Apple to discontinue modem development
https://wccftech.com/apple-plans-to-discontinue-development-of-5g-modem/
Qualcomm probably still struggling in 2024
https://investorplace.com/market360/2023/10/7-stocks-that-have-zero-hope-for-2024/
AR23
So not only we lived with 2 months of anxiety over the layoffs but we are now also 1 month delayed on performance results. Anyone remembers CA letting us know we were getting 30% less bonus that last year? Or was my understanding incorrect?
Does stock account stays in Etrade after quitting Qualcomm
Does the stock account where RSU grants go and vest stay in Etrade even after we quit?
I'm constantly thinking about quitting
I went from loving my job to praying for a way out.
I was laid off in the last round. I work very hard and I don't know why I was laid off.
My level is not high, and my salary cost is not high. I don't know why I was laid off.
Mtek
https://finance.yahoo.com/news/ai-chip-bo-m-fuels-taiwan-065306171.html
Thanksgiving
This Thanksgiving I'm grateful that I quit Q and got another job. My stress is gone, my happiness is high. What a nightmare that place was. For anyone thinking of a switch, do it. It won't be easy, interviewing is hard, and it takes time and... — read more
Layoffs are indeed an effective way for stock prices to rise.
The stock price is on the way to continue to rise. Good news, maybe no layoff in the next three years. we can continue wlb for the next three years.
Q’s CAD team should be defunded
Recently experienced this, filed a bug to CAD team to fix and waited like 3 weeks, and all they said is because they worried fixing might break other things and they were lack of people so they wouldn’t fix this bug.. I mean what the heck, if they... — read more
I'd count being laid off as a blessing
Qualcomm is a shadow of its former self. I don't know many people who are satisfied with the way their career has been developing here, especially with all the brown-nosers and yes-men getting preferential treatment for years. Many of us don't care... — read more
Who can summarize the summary of this all hands meeting?
Didn't go to the scene. And I don't want to listen to the replay. Who can summarize the main points?Thanks
Does Qualcomm really lay people off right ahead of Christmas?
I'm new so I don't know if this is true, but it feels like people saying this are fear-mongering more than anything. I can't see many companies being that inconsiderate. I know those at the top don't care one way or another, but optics matter to... — read more
Lay offs in December 2023
Mostly performance related, if you did not get at least in one 4 in last 3 years, you are in trouble. Total is around 1100 in SD
Will there be layoffs in March 2024? Who can confirm this news?
In the layoffs in October, many people said it would last until the end of March, but I saw the stock price rising. Who can give any news about layoffs in 2024? Which departments will lay off ? Will there be layoffs in China?
Apple favoring H1B DOJ lawsuit settlement
https://www.cnbc.com/2023/11/09/apple-will-pay-25-million-in-doj-discrimination-settlement.html
Rest and Vest until 2027
layoff is over i am rest and vest until 2027 when Fruit will have modem
Another layoff on Dec-23?
http://amp.coincodex.com/article/34277/qualcomm-layoffs/ This article states that there will be another wave of layoffs in December 1000+ in San Diego Can someone confirm this ?
Any layoffs in other US offices
The press releases that I have seen regarding the fall 2023 layoffs have been limited to California. I assume that is because of the Cali luWARN act which requires a company to report any layoffs over a certain number. Any reports from Raleigh or... — read more
Why has Qualcomm always been keen to acquire technologies and companies that are lagging behind?
My director has been with Qualcomm for 15 years.Chatting with him found an interesting phenomenon,We've found that a lot of the companies that Qualcomm has acquired are backward technologies. Acquisition of an Israeli wifi and bluetooth company,The... — read more
I don't know a single person who left Qualcomm and regrets it
In case you were thinking about leaving. I'm just waiting for the right offer and I'll be gone.
What is the criterion or logic for this layoff?
There are a lot of R&D guys in China that I have worked with for many years, but they have been laid off last month .Isn't China a low-cost region? Why are so many people being laid off? The employee I handed over told me that China was laying off... — read more
Layoff-2024 impacted orgs
Any idea on which orgs will be affected in march 24
rental reference pre covid
https://www.thelayoff.com/post/@mfno+1p3OuAhR Do not renew lease at last year monthly rate. Get at least 25% less rate to account for 2 or 3 months free on new lease and 5+% yoy reduction in rents compared to the last year. Do not pay more than... — read more
Lay off March 2024
450 employees will be laid off in March. Error rate 50+ or minus.
What bright future will CA describe at the first all hands meeting after layoffs?
Will this question be anonymous? Will CA promise that there will be no more layoffs?
Congratulations, everyone. It will be safe within five years, and there will be no layoffs.
My director has worked in Qualcomm for many years. He knows the style of management. He hinted at me to work hard. The last layoff was in 2018. The layoffs will be in 2023, and there will be no more layoffs in the next five years.The next layoff... — read more
Accelerate the transfer to India. As seen from the 10-k documents submitted to the regulatory authorities.
The original text of the 10-k file! Our headquarters and certain of our research and development and network management hub operations are located in San Diego, California. We also operate owned and leased manufacturing facilities in China, Germany... — read more
I've heard. Qualcomm Bxx's adas project is lagging behind
I learned through my colleagues at Tesla and Waymo that our project with Bxx was a far behind schedule. Even startups that lag behind China. Want to know what management thinks? They don't have the ability to think for themselves anymore.How was this... — read more
Seeing that the management has a good expectation for next year, will there be any layoffs?
According to the latest 10-Q financial report document, there is no information about layoffs. The management has raised the sales forecast, everything is developing in a good direction, and there should be no more layoffs next year. Right?
Promotions this cycle?
Do you think promotions on the 3rd cycle of AR for an Engineer are off the table because of the layoffs? How often are promotion denied on the 3rd cycle from eng -> sr. eng.?
Adjective initial
Did anyone else get their eyes rolling on hearing adjective 'initial" in response to a question during earnings call?
Great Earning Report and Bright Forecast
Qualcomm beats expectations for earnings and sales, gives strong forecast https://www.cnbc.com/2023/11/01/qualcomm-qcom-earnings-report-q4-2023.html