Thread regarding Qualcomm Inc. layoffs

How to boost your purchasing power as qc employees

Hey peeps,

Now let's face it most of you here are rest&vesters. And if not you all own qc stock one way or another.

I'm a shareholder myself. Here's how we get rich:

1) Every single employee submits a petition where they ask for their base salary to be cut in half. Based on recent financials that would likely translate to ~$3B in cost reduction annually.

2) Board of directors approves the use of all savings from item 1 above to be distributed as dividends. Based on current # shares outstanding that's roughly a $1.5 per share dividend. Which means almost doubling of the current dividend. That right there is FICA exempt and qualified item. So you'll be paying %25 less taxes on it than your base salary.

3) Item 2 above appeals to income investors, share price gets up to $70 levels again due to high demand. You sell your shares and get taxed on the gains at 25% lower than your base salary would have been just like the dividends, considering all rest&vesters are long term holders.

Although it would seem like you're getting screwed at first, the stock gains and tax savings would make up much more than the initial loss.

Y'all know this unlocks much more value for all of you in the long run.

So go ahead send that petition already and get back to work, hopefully what you do will help raise the stock price a little!

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Post ID: @OP+GlMUfUL

4 replies (most recent on top)

Uh. Sure. That's why you hang out her trolling OP. I believe in Santa Claus too.

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Post ID: @cln+GlMUfUL

The best use of my time is NOT working to make people like SM and JANA rich--which is why I don't work for QCOM any more. I work for myself.

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Post ID: @ime+GlMUfUL

I think to make Q great again, or for that matter, to make America great again, people like you need to re-evaluate where the best use of your time should be, instead of posting crap like this.

That's the problems with Americans these days. It's not the H1-B's. Is people are to fvcking lazy to do any real work anymore. Everyone wants to be a social media star, and thinks they can retire without working because they "invest" like Warren Buffett.

No wonder this country is going down the shitcan.

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Post ID: @qmt+GlMUfUL

It would be different if employees actually had a voice in this company. As it is, JANA still has more influence with the BoD than they should, as they supposedly dumped most of their stock in QCOM. If we did this, there is no guarantee that the dividends would remain at that level. Also, just because the dividends go up temporarily does not necessarily mean that people--or more precisely, institutions--will invest. QCOM is just now touting their big push into IoT. They have decimated their ability to move into servers and medical devices in a big way because they have seriously decimated the ranks of engineers with strong mathematics and biochem backgrounds that are most usefule in this area. Their current business model will die a slow and painful death due to the combination of off-shoring of manufacturing, and the ability to purchase components that are almost as good off-the-shelf for far less. The most recent increase in dividends smells more like pump 'n' dump to me.

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Post ID: @xbu+GlMUfUL

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