George is gone, SM, CA, and AR run the company again and they like to invest in people. Easter couldn't come soon enough, he is Risen!!!! Go ahead and punch a Finance guy in the [email protected] next week for being a Yes Man Coward to Georgy Porgey
Topics regarding layoffs at Qualcomm Inc.
I heard they hired many excellent engineers from Q. If they do still keep it, that says to me that long term they still plan to make them in-house eventually. Does anyone know?
No doubt that at the end of the day, this was the best outcome of the Apple dispute. Continuing a partnership is always much better than any litigation , in my book/ But why did Apple com to his senses in this moment. Did they really see that they... read more
Hope Murthy is not coming back as new our new CEO
I have no doubt that Apple will likely attempt to sever their dependency on Qualcomm when they make eventually make their own modems (they've made incredible strides with their SoC's under Johny Srouji), but it will still be at least a few years... read more
We are in a phase that the dispute with Apple is not hurting us to the full degree, except maybe in the litigational sense, but I’m not talking about that. When will we feel the full effect of Apple not being a buyer of our products and how severely... read more
One year later,Layoff notification on April 18,2018 Life moves on. I got new job offer 4 weeks later and took 5 weeks vacation.
At the end of the day, Qualcomm success can be only contributed to talented and knowledgeable workers, and the time has come when Qulcomm is letting them go very easily without a second thought, either via attrition or via layoffs. When have we... read more
$6 bln check. $9 in royalties (up from $7.50): https://appleinsider.com/articles/19/04/18/apple-payment-to-qualcomm-estimated-at-6-billion-with-9-per-iphone-sold-in-royalties #winning
and that is a 20% upside premium from $7.5 per device. Expect at least a 20% upside in stock price upwards movement. Math says $96 but lets just round up to $100. All established anaylsts now have strong buy rating with $100 target. Next 6 years as... read more
Realize that Q workers are slave to Mav q slaves work to make Mav products... Mav rules...
But you can feel a victory. David vs Goliath, we never got to the fight, but we never backed down. The principal showed up, clarified penalties, and Apple walked away. They are a classmate but certainly not a friend.
When did we go from being a company everybody wanted to work for to a company anybody with any aspirations is doing their hardest to either run away from or avoid completely?
old timer here resting and vesting. Today and yesterday market remind me of 20 years ago. Enjoy the ride. Sell a few hundred RSU in the morning, go to lunch meeting, then back to office to sell a few hundred more after 10 point gain. Hire that... read more
Has the time really come when a giant company like Qualcomm has to lay people off in the name of simple cost-cutting. As a fabless company that relies mostly on knowledge, laying of experienced and knowledgeable people is a dangerous game that could... read more
And it starts this week. Follow it...
Steve right all along along peeps.
Anyone has experience with internal transfers at Qualcomm - from team to team, from group to group. I am interested to hear if this is doable at all and what the potential pitfalls may be. Thank you!
Qcom poised to take it to next level. We excited to work on innovation and leading edge tech. Not like Apple sweat shop
Man, George doesn't waste any time!
They lost big. 5G is the future! And QCOM future bright.
Only serious responses please. I've been debating it for awhile but now that we're buddies with them it doesn't feel like me back stabbing my teammates at qcom.
If there is truth to the rumors on this board that layoffs are coming in May, than the logical question that comes to mind is what kind of layoffs are we talking about? Are they going to be classical cost-cutting layoffs were they thin the headcount... read more
According to two people with knowledge of the situation, another round of layoff will be coming no later than May. Also, one of the executives was being asked to leave. More to come...
I hear there are plenty of folks who are doing businesses during regular business hours ? Is HR aware of the situation ? Do managers/exec know such activities and not taking any action ? How does qualcomm ensure that these folks are productive? As a... read more
Is it true that some teams were given hikes/ bonus?
Heard Camera got out of cycle merit hike? Is that true?
Not that I;m trying to evoke layoffs but it’s been unusually quiet at my location and within my team. Are layoffs going on in any part of the company these days?
I understand the traditional fear of the company taking a fall, but from what I’ve seen there are not many competitors on the market that give better work conditions than Q ( in terms of bay, benefits, vacation….). On the other hand, I see people... read more
big win for present shareholders. imagine the taxable event that would have happened with our ESPP and RSUs. and layoffs. No thank-you Dr Paul.
It seems like I have heard of some really key modem hardware and software people that have left in the last year (some key RF people as well). New grads will not be able to backfill the talent. So my prediction is that Qualcomm will have another... read more
https://appleinsider.com/articles/19/04/13/what-to-expect-from-the-apple-versus-qualcomm-no-license-no-chips-trial A good read!