We're trying to save money here. Should try to GTFO ASAP to have the highest chance of securing your next gig. I for one would rather not be unemployed over the holidays, even if it means not getting a GTFO package. By the time hiring picks up again... — read more
If layoffs will drag on through 2016 - we'll be spending a lot of time here on layoff.com, right?
Is it safe to assume that the Corporate will keep it secretive as they did before?
The end of Qualcomm is on the horizon
Shareholders are just going to rape the company of profits and move on to the next sucker.
Breaking Qualcomm up into two companies makes no sense from an ongoing business perspective
The entire idea of breaking Qualcomm up into two companies, for example, makes no sense from an ongoing business perspective — but it makes great sense if you’re an investor who believes the real money is in patent licensing (an extremely high-margin... — read more
Qualcomm conquered by the cult of shareholder value
There is a reason for these dramatic changes, but it’s not because Qualcomm had a down quarter. The company has been taken over by activist investors who are pushing the company to make changes and commit to stock buybacks that will boost the profits... — read more
Qualcomm has only one real business - licensing
They have 14 parasitic businesses that bleed money and spawn shit-tier products and people. They have no reason to be anything but a mid-level company that should have no aspirations of having a 'marketing' group or UIX or crappy consumer targeted... — read more
The timing of the layoff announcement and when it actually happens is probably going to be 2-3 months...Hopefully....
I hope Q doesn't do the asshole thing to you guys and drag it out until November/December...Because if that happens, good luck finding a job right around Thanksgiving and Christmas.... Ho ho ho (Ba hum bug)...
QC lay-off: How much unemployment benefit I get? Enough to pay my home mortgage?
I am wondering unemployment benefit is enough to pay my mortgage until I sell it?
Timing of Layoffs announcement
Why did it take so long just to announce that "15% cuts in mid september"? They could have announced that much earlier, maybe as soon as it got leaked. The long delay has caused much stress and demotivation not to mention loss of productivity.
Layoff timeline and nov 20 rsu vesting
Will people laid off get screwed?
In the long run, people leaving Q will be a good thing.
For the longest time too much of the employment opportunities have concentrated at the Q. And while that was good when the Q was doing well, it's definitely not good for tech workers that are looking for a competitive compensation. With this RIF that... — read more
Man, some of you totally need to develop some good coping skills.
Layoffs happen all the time in the tech industry. I know this might be a total culture shock to some of you that have been fortunate to have avoided prior layoffs that happened in our industry. But this is the industry norm. Whether a layoff impacts... — read more
Class action lawsuit for intentionally creating a stressful environment?
Not because of the layoffs, can deal/expect that sometimes in businesses. But because management plans on stretching this out over such a long period of time - that's really stressful. Assuming they have a clue, there is no real reason to make the... — read more
Read this analysis one more time
Qualcomm: How Share Buybacks Hurt Shareholders And Society http://www.forbes.com/sites/stevedenning/2015/06/09/how-share-buybacks-hurt-shareholders-and-society/
I'm pretty positive about this restructuring plan.....
..I'm positive it's going to end and a big disaster
How to save your job if your a worthless director or vp
Step 1: create a powerpoint presentation on the virtues of how your project is going to drive growth. Step 2: for the 20 slides talk about how engineers in San Diego are overpriced, and that for the price of one engineer that "we" reduce, "we" can... — read more
Were we not told in April by SM that this would be "quick" . Quick my ass ....keep dragging it out making people wait and further stressing
them by not telling us timelines and who is going.SO UNFAIR to make people work and live under this stress.
Has anybody noticed that the analysts are ALL negative on Qualcomm's recovery plan??????? Nobody is writing anything positive about Qualcomm's
prospects for a future. Just look at how the stock reacted .Not want Jana wanted to happen
any takers and for what parts?
of course the company will split but the big question now is who would be interested in buying us and what parts would they want after the layoffs and outsourcing ????
Here's my take
If you show up on time for work and meetings. Are an above average coder. Work well with the team. Contribute. Keep your head down and don't make a lot of demands and waves. Prove you have some worth. You probably will be OK. And as for those VP's... — read more
At Q still. I have been working at home at a cople of pet projects that can become startups. One is IoT related the other is just beautiful :-)
I am in HW sytems, but I like Java/C++ programming, Android, UI design, GAE, Arduino, 3D printing, robotics, and more. I was hoping :-) that a shakeup will force me to give it a shot. Should I wait to see what happens at Q? (the statup would be in... — read more
Sooo, guys, just curious, how will you rate each other in the upcoming review? Do you feel like "bettrer be him, not me"?
and, will you spill the beans this time, and write internal reviews that you wish you wrote long time ago, the same way you write here? I have one Sr. Dir I worked under, for whom I never gave a review. I used silence as a message. Should I write now... — read more
From Extreme Tech Article:
Qualcomm just told the world, point-blank, that returning as much money as possible to a handful of already wealthy individuals and companies is more important than continuing to invest in its own hardware, technology, and personnel.
What song sums up the all hands meeting for you?
I'm thinking Love Is A Battle Field by Pat Benetar. Sassy yet poignant. Comments?
Fire away....
What was up with Steve's "Fire away" remark at the beginning of Q/A? Was it a bad joke or just him not thinking what he was saying?
Shame on you Steve and Paul
You guys have crapped all over the reputation of Irwin and Qualcomm. It's understandable that there are layoffs, because Qualcomm over-hired. But to allow a 2% shareholder to take over and stack the board...inexcusable and shows your lack of... — read more
Is it better to try pushing out my next gig into early oct?
I want to hold out and see if I'm lucky enough to get a GTFO package, but at the same time I don't want to risk my next opportunity. What's the best combination of WFH, calling in sick, and taking PTO that you'd recommend for a 1-1.5mo duration? I... — read more