Thread regarding Qualcomm Inc. layoffs

QMT is being shutdown

Anyone who can give more details? It seems 200+ folks, especially in SJO.

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Post ID: @OP+B8qXK1H

11 replies (most recent on top)

What is IOS?

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Post ID: @7Ze3+B8qXK1H

The should sell Mirasol to Samsung, maybe they can make it into the market eventually.

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Post ID: @1MqR+B8qXK1H

As a matter of fact mirasol is a very sexy technology with unique potential in a the field of wireless portable devices qc should be a player. Big mistakes were made for sure to get it out there that cost a lot of money like fab c but that's the past. The fundamentals of the technology are still there though. Sad to see Qualcomm stopped being an innovator and pioneer and gives up on the future.

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Post ID: @19Rm+B8qXK1H

"brilliant eighties strategy" Dam this is funny.

Of course he does. He needs to make 100 million in pay this year cause he is the MAN....haha!

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Post ID: @poh+B8qXK1H

This is a strategic layoff done just before Q2 results to try to cause a bump in stock price.

Thanks SM for this brilliant eighties strategy. It's really the sign of great leadership to hold onto an underperforming division so you can cut them just before a disappointing quarter, hoping for a stock bump.

I can see why you're worth millions!

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Post ID: @Mp9+B8qXK1H

Which site ? And how many?

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Post ID: @M2Y+B8qXK1H

We all got called into a surprise meeting yesterday and was told. 7/31 is our last day to either IOS or take whatever package they might offer.

Thats all I know....from a long time QMT employee.

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Post ID: @oc5+B8qXK1H

Mirasol is still around?

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Post ID: @6Yl+B8qXK1H

Not a surprise

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Post ID: @8R6+B8qXK1H

QMT is almost an "IP license" department for semiconductor manufacturing, a "fabless" semiconductor manufacturing technology.

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Post ID: @QAD+B8qXK1H

Mirasol was a big loser. Not on the scale of Globalstar, but still...

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Post ID: @yBj+B8qXK1H

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