Thread regarding Qualcomm Inc. layoffs

Very few cuts in staffing, IT, and finance. Hits were mostly across engineering teams...assuming they cut low performers & high seniority level.

We're the cuts in engineering across teams that aren't producing returns?

-finance guy

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Post ID: @OP+DFGosuO

10 replies (most recent on top)

Staffing,finance,IT,library,manufacturing have been trimming steadily for months all the way up to vp eg Ben H. PH can be your friend ,track the newly terminated. These are dire times best to keep informed

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Post ID: @1uaZ+DFGosuO

@162296 @162299 only because you see only people you know affected.

There have been cuts IT since new CFO joined and it did this time around as well. IT is already lean. Budgets have always been flat and hiring is always limited. It's engineering who spent like crazy over last few years and suffered most in this restructuring.

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Post ID: @1cwg+DFGosuO

There is a basic flaw in your thinking...that finance actually adds value.

You guys ride on the coattails of great engineering.

Engineers are now frustrated and making exit plans because we are in the liquidation phase....its a dying company

Good luck to all the lawyers, finance and MBAs...its in your hands now.

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Post ID: @16VD+DFGosuO

Important to not cut the corporate jet division, employees flying coach are hurting QC's bottom line.

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Post ID: @IP1+DFGosuO

@Anonymous162299 - all you would see is those around you who were affected not the one you don't work with. IT has been cutting ever since the new CFO came in board. But since IT is unimportant to engineering ... It didn't happen right?

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Post ID: @cq0+DFGosuO

Staffing and finance are much more important for Qcom now since we need to be leaner than before.

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Post ID: @eBm+DFGosuO

It's been discussed before, but finance tends to run lean. The layoff numbers don't lie. QREF definitely needed to be cut back, hopefully that happened. Least they could do is outsource some more and consolidate buildings as much as possible.

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Post ID: @k1J+DFGosuO

Woah dropping names quick way to get this thread deleted, although also not a fan.

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Post ID: @Bor+DFGosuO

Sure they only got rid of useless in finance

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Post ID: @PBT+DFGosuO

Very few? Don't you mean "none"? I only see engineers getting affected.

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Post ID: @dLO+DFGosuO

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