Thread regarding Qualcomm Inc. layoffs

CRD on the chopping block.

Heard lot of them got letters today asking if they want to volunteer. Will be interesting to see what happens next

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| 6672 views | | 11 replies (last March 24, 2018)
Post ID: @OP+Si44747

11 replies (most recent on top)

One useless department with inflated paychecks and egos. It's jurassic park. Why wait to close shop?

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Post ID: @3esx+Si44747

Will be interesting to see what happens next

Not really. We know what happens next; lots of CRD layoff, both voluntary and involuntary. 30% seems entirely likely given Octanes estimates. Remember, this is all about Q managements reaction to Octane. Nothing about targeting inefficiencies or stopping dead end projects. Its all about chopping 30%.

We will be left with a smaller, bitter and wounded organization that faces years of departures.

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Post ID: @1hfd+Si44747

CRD doesn't work on moonshots or pie in the sky ideas. It just tries hard to keep up with the internet giants. Their results are usually unflattering. Can easily be laid off in one piece to boost stock value.

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Post ID: @1pec+Si44747

"Heard only the folks who are not impacted have received the voluntary separation emails!"

Probably not true. CAD was notified of voluntary separation but also it was noted that a 40% reduction would take place. Ouch.

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Post ID: @1ubm+Si44747

Folks

Remember

Qualcomm is a wireless company

To have wireless download speed of 1Tbps

CRD has to be there.

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Post ID: @1ljd+Si44747

What will happen to the self diving smart toaster with Bluetooth video?

Kickstarter !

Dont forget about the Internet of Things laundry with 3D streaming movie machine.

The 7G 300GHz standard will be put out to NASA. Per Octane, blue sky, pie in the sky belongs in goverment funded agencies or, if vaguely possible, small start ups to implement.

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Post ID: @1wsq+Si44747

What will happen to the self diving smart toaster with Bluetooth video?

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Post ID: @1tmt+Si44747

Not surprising. CRD was a bottomless money pit. QCT made the money and these bozos ate it. 30% cut can be easy and you will still not see any noticeable difference in productivity. Most of them are useless.

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Post ID: @siy+Si44747

Not true, voluntary separation is only extended to the groups that are impacted the most.

Read - http://blog.careerminds.com/blog/voluntary-reduction-in-force

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Post ID: @jsa+Si44747

Heard only the folks who are not impacted have received the voluntary separation emails!

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Post ID: @cpn+Si44747

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