Thread regarding Qualcomm Inc. layoffs

Anybody knows what 70 rule is?

Heard it mentioned in regards to layoffs, but can't figure out what it refers to.

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Post ID: @OP+RQtefku

10 replies (most recent on top)

google.com/search?q=70+rule+site:thelayoff.com

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Post ID: @fna+RQtefku

No CIC package since no CIC event taken place. Very bad timing if get laid off now

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Post ID: @fmf+RQtefku

Is the package different from CIC , if you meet over 70 rule?

I asked a few weeks ago and was told qcom doesn't have early retirement

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Post ID: @ykf+RQtefku

30% work and 70% don't so layoff list comes from 70% ppol

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Post ID: @swd+RQtefku

Anyone know what the package is for someone meeting the 70 rule?

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Post ID: @dnx+RQtefku

That rule is for early retirement incentives, it is legal.

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Post ID: @ndj+RQtefku

Where did you hear that?

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Post ID: @mkt+RQtefku

Is that even legal?

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Post ID: @kxz+RQtefku

@vai is correct. And if that was mentioned, I am in trouble.

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Post ID: @fhm+RQtefku

I think you add your age plus years with the company and, if over 70, not good news.

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Post ID: @vai+RQtefku

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