Rock on!
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Corp R&D is safe for the 2015 portion of the restructuring. They are however slated for major "restructuring" in SD in early 2016.
Crnd is toast for sure
believe me its coming from someone from inside
R&D had the best RSU packages, bonuses were sweet - that's all over now
Actions to Achieve Cost Targets
Dedicated team established to manage execution of cost reduction plan
Resize and realign QCT spend
− ~15% reduction in full-time headcount, in line with the rest of the company
− Significantly reduce temporary workforce
− Streamline engineering organization
− Increase mix of resources in lower-cost regions and reduce locations
− Invest in most differentiated technology areas
They are first to go
How do you know that... i think R&D will be the first one thrown out...