Thread regarding Qualcomm Inc. layoffs

Major announcement tomorrow - hold on to your butts

Hearing big announcements will be made tomorrow. Lot of hush hush meetings today. Something to mollify shareholders before the Friday meting ?.

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Post ID: @OP+SiDcGPa

16 replies (most recent on top)

SM will have to face music

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Post ID: @1ixy+SiDcGPa

What BS, Qualcomm is flooding all VR and AR news. Those are no news.

Where is the real news about mgmt musical chair.

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Post ID: @1jvj+SiDcGPa

Fake.

No news is good news.

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Post ID: @1plt+SiDcGPa

Let us do some math. 1 billion in cost savings. Hmmm

Average expense on one engineer $250k ( including benefits, soda, free lunches, individual office etc etc etc).

$1million = 4 engineers ( worthless expense)

1 billion = 4000 layoffs

NXP not happening then 4000 + xxxx = 5000 maybe to make up some numbers

Not looking pretty any way you look at it. Start sending out resumes to Bay Area.

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Post ID: @1xzy+SiDcGPa

How about 401k. Any changes 1zkg ?

Plenty of scope for reduced matching and bumping up the fund fees paid by employees. Those fund choices are too low cost; shift the cost to the employees. Need to work with fidelity to figure out how to shift the admin costs too. Might only be a few thousand $ here and there; but the savings add up.

HSA contributions - gone ! Thats an easy save !

Do retirees still get healthcare ? Any 401k fees paid ? Whaaaaaaat ? Chop chop chop.

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Post ID: @1ksk+SiDcGPa

Just a guess

Warren Buffet may be interested in buying Qualcomm for $40B.

He is a value investor after all.

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Post ID: @1ggw+SiDcGPa

Oh god I hope no changes to the WFH policy.

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Post ID: @1fwk+SiDcGPa

News from China today that NXP is not happening anytime soon if at all. This is going to put more pressure on stock. It has been a dismal quarter and numbers are not looking good. Without NXP this will be worse. Stock will be in 40s by next week. Something has to give. This is by far the most incompetent bunch of jokers trying to run a company. Pathetic.

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Post ID: @1sne+SiDcGPa

How about 401k. Any changes 1zkg ?

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Post ID: @1zpa+SiDcGPa

SM is nowhere to be seen since last week. Talked to people at Moorehouse bldg. SM is negotiating his golden parachute. He is going to get few more millions while rest of us will get shafted. Also hearing that jha is ready to take over. BTW coincidentally he resigned from GF few days back. Now who would resign a well paying CEO job unless he has another one lined up. Seems like credible. Not sure if that is the announcement tomorrow or Friday?

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Post ID: @1lvk+SiDcGPa

Watch out for 2019 healthcare plans - will provide extensive 'savings' for the shareholders.

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Post ID: @1gkz+SiDcGPa

Qstar is going back to $100.

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Post ID: @1yyb+SiDcGPa

Is it about the new taco bar?

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Post ID: @1zoc+SiDcGPa

Major technology breakthrough will be announced. QCOM will deploy worlds first sub nano meter toilet paper to all bathrooms expect building N executive toilets.

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Post ID: @ump+SiDcGPa

PJ will be gone. His pipe dream of owning company will just remain that. Guy is a a nut. SM will step down and make way for Jha. 4500 lay-offs is what I am hearing.

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Post ID: @fue+SiDcGPa

Company to be taken private most likely the news.

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Post ID: @jqo+SiDcGPa

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