The Qualcom way

-- Pay a low salary to all employees other than execs.

-- Jackup dividends and exec comp and buyback your own stock like insane. Fund all this via layoffs bonus/rsu cuts to everybody else, even throw the health insurance out the window to scrape a couple million for this.

-- Create a site about "total rewards" make it look like employee is worth twice more than what they are being paid. Hell I wonder why they don't include building cooling, office utility expenses, etc per employee as a total rewards component there.

-- Frame your own faults as "the industry is changing". Like it was Apple's fault to come up with the first 64-bit processor and successfully market it.

-- Spend $100M on retaining suck-assexecs that screw the company.

-- When high performers wanna leave tell them how they are soo highly valued and some more bs. Remember underpaying engineers is the key.

-- Preach about doing business with integrity while employees are in the can for insider trading, Chinese officals' relatives are being hired trying to secure deals and whatever.

Insert your bullet points in the comments guys.

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Qualcomm follows the Bell Labs model where it was identified in the mid-1990's that there were 2 managers for every 3 employees. At Qualcomm, being a manager means you never have to code, period. It's the ultimate aspiration that almost half the company has achieved!

Hire unqualified employee (daughter of member of Chihinese government ) and pay millions of fine, then fire qualified employees based on phony PIPs to compensate

Don't forget the $65 million dollar jet the took possession of while they were handing out pink slips.

-fkr I have to agree with you. When I tried hiring new engineers into my company, I had access to the Radford Salary surveys. It was obvious that Q engineers were paid well above the industry norm. The only thing I could offer was a job with a wide variety of experience that would further the young engineer's career. Some guys came on board, learned a lot of new stuff and went on to great careers. The others went to the Q for the money, got slotted into a very narrow job description. Now all they are good for is flipping the bit from 0 to 1. Or maybe it is 1 to 0. I would never consider hiring one of these whiners.

whiner. noun. A person who habitually complains or grumbles: complainer, crab, faultfinder, grouch, growler, grumbler, grump, murmurer, mutterer. Informal: crank, griper, grouser.

Complete BS. As a former Q manager, I can unequivocally state that Q engineers were at least fairly compensated, and in many cases paid well above industry standard salary.

The only valid critical point the jack azz OP made was the corp exec retention bonuses paid to PJ and SM in the midst of poor performance. The rest is just a bitter rant from someone who was most likely fired for poor performance.

Uncool story bro

Very good list.

Thread regarding Qualcomm Inc. layoffs

The Qualcom way

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