Thread regarding Qualcomm Inc. layoffs

The best strategy to deal with layoff is find another job

Whether you will be laid off or not, the best thing you can do is find another job and move on.

This will leave a good record on your employment history.

Before your new employer hires you, they do a background check.

If your current status is "Employed", they are more willing to hire you.

If you are "Unemployed", they may think twice and question your capability.

Why are you the bottom 15%?

When you leave the company, you will do an exit interview with HR.

If you leave by yourself, your record will be "Leave voluntarily"

It is better than "laid off". Your future employer will like the former better.

So Why Wait?

Instead of asking "Am I safe?", "Will I have job in 2 or 6 months?", find another job and move on.

Don't worry what your decision will affect the project.

Someone will figure it out. Nobody is irreplaceable.

Good Luck.

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Post ID: @OP+CJatpqJ

4 replies (most recent on top)

To all young padawans, financial independence is your freedom. Live below your means, save, invest, no debt, multiple streams of income, passive income, learn to cook, used car not new, no house until you have a sizable down payment. When any company including Q, has to go through staff reductions, you are set either way.

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Post ID: @euV+CJatpqJ

Great post. I did the same. I think many of the people left @ Q just lack the ambition to get up and go. They deserve whatever Q throws at them.

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Post ID: @IwL+CJatpqJ

I did an accelerated early retirement plan review. I got the rating of 6 on that. Bring it on!

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Post ID: @gtF+CJatpqJ

for those who have settled down, it's really hard to find another job here in SD. This is not bay area after all.

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Post ID: @zXV+CJatpqJ

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