Thread regarding Qualcomm Inc. layoffs

Focusing on 'value creating' R&D initiatives - that means nothing, that means that they have a blank check for cutting R&D left and right - that means that all what matters is milking the existing licensing revenues. Now you can see all private equity firms and hedge funds going after us and our licensing revenue while trying to cut costs whenever they can - you can say farewell to any meaningful R&D here at Qualcomm