Thread regarding Qualcomm Inc. layoffs

Lay-off being planned

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.

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Post ID: @OP+14TcCCQq

8 replies (most recent on top)

Not unheard of to both hire and layoff at any company. Business needs.

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Post ID: @2yyk+14TcCCQq

Still hiring - so, let's stop hiring before we lay off.

OP is not accurate.

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Post ID: @2zdl+14TcCCQq

I don’t believe it. IoT...infotainment....huge growth drivers for the future!

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Post ID: @2ksk+14TcCCQq

new hiring are still coming .
job posting are still added.
op what are you smoking
first phase would be hiring freeze

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Post ID: @1kub+14TcCCQq

Good. Anyone with skills got out a long time ago. Only folks left are afraid of being deported.

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Post ID: @bit+14TcCCQq

Where are you getting this info?

declinging by 50%
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Post ID: @xvi+14TcCCQq

‘Hope’ is the very beautiful thing a person can have

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Post ID: @ckk+14TcCCQq

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