Topics regarding layoffs at Qualcomm Inc.

Topics regarding layoffs at Qualcomm Inc.

GD's [George S. Davis] performance

Any comments on his performance since he became part of Qualcomm. Seems to be hiding behind the scenes and playing is safe by being invisible. Is he doing the right things for the company ?

by
| 2610 views | | 8 replies (last March 20, 2018)
Post ID: @OP+SenLlXn

is 5G all hype?

Everybody seems to assume that 5G is the next big thing that will make Qualcomm and America great again. Reality may be different. Is 5G all really hype? Below article from wired... — read more 

CIC trigger?

Did the board just trigger the CIC policy by changing the makeup of the board? Lost a member without a vote.. Eliminated the top position.. Hmmmmmm...

by
| 1740 views | | 1 reply (March 17, 2018)
Post ID: @OP+SerrgtH

Finally the real Steve M. will show up.

He's been under the thumb of PJ for so many years and taking s*** for PJ as people accusing him of incompetency etc. Now he's free. Let's see what's his vision of the company, his real vision. PJ was obsessed with outsourcing after outsourcing... — read more 

Be nice and respectable

PJ attempted to save the company and sure he also had good intentions for the employees. Dont think he was for the layoffs and/or let the company taken over. Its not easy to build or run maga multi billion tech company such as Qualcomm. Obviously... — read more 

feeling

I am very much sure now that qcom is done. It is now going into bankruptcy path. So frustrated that there is no one who can steer this ship correctly. It is just matter of time now. I will abandon the ship.

by
| 2240 views | | 9 replies (last March 17, 2018)
Post ID: @OP+SeRilWi

The ex-CEO and co-founder’s son was stripped of his executive-chairman title last week as company sought to fend off Broadcom

Qualcomm Ousts Paul Jacobs From Board as He Chases Long-Shot Bid for Chip Giant The ex-CEO and co-founder’s son was stripped of his executive-chairman title last week as company sought to fend off Broadcom Qualcomm Inc. took the extraordinary step of... — read more 

by
| 1354 views | | 1 reply (March 17, 2018)
Post ID: @OP+SeKQHAU

Only principal and above are impacted?

Just curious to know if current lay offs will be focused only on principal and above or other lower titles, like sr. Engineers should be concerned too. There are close to 4000 principal and above titles currently.

who is next?

News reports says current board will get only 16% vote. So the entire board needs to resign. After that SM, CA, JT and all the SVPs reporting to them needs to be fired. Let the cleanup begin. Will Buffett loan100B to PJ is the 100B dollar question... — read more 

Bye bye PJ

There it is. Heeee’s outta there.

by
| 2050 views | | 7 replies (last March 19, 2018)
Post ID: @OP+SdYKyo0

MBAs and Lawyers

Qualcomm used to be a world class company. Now the MBAs and Lawyers are running the company will make it a crippled enterprise for the years to come. Most companies with integrity operate with employees in mind. They cut salaries, reduce 401k... — read more 

by
| 1230 views | | 3 replies (last March 17, 2018)
Post ID: @OP+SdCUveA

401k question

What happens 401k if you quit. How does that work? What if I have a loan I used to purchase my home? Thanks. Cheers!

I wish you all the best...

I wish you all the best...I have been through this in 2015 and I now realize how lucky I was to be laid off then...I was able to find a better job with better pay.. Qualcomm was awesome place to work when I first started. But culture became... — read more 

by
| 2540 views | | 7 replies (last March 16, 2018)
Post ID: @OP+SdjmJyj

Are u laid off or not?

If you know how to do butt kissing and play politics yes you're safe. If you have a opinion and open about it then pack your bags

by
| 1200 views | | 2 replies (last March 18, 2018)
Post ID: @OP+SdoGeVv

Jacobs "snapped"

"And not thinking rational anymore." According to sources cited by CNBC this morning.

by
| 2780 views | | 9 replies (last March 16, 2018)
Post ID: @OP+SdMlPxR

Hiring freeze?

Is there currently a hiring freeze at Qualcomm San Diego location and any other locations? When did it start and how long will it last?

by
| 1910 views | | 4 replies (last March 16, 2018)
Post ID: @OP+SdNbrpY

Qualcomm now and then

Then: Amazing health care Free water bottles Business class flights Top 10 in best companies to work for in America 35 yr old management Now: High deductible plans Expensive cafeterias Coach like a roach Top 10 in layoffs.com 55 yr old management Add... — read more 

Excited to start on monday!!!

Happy to be in San Diego. Finished my PhD last year and was waiting for a while. Will join Corporate R&D!!!!! Any hints about that team?

by
| 2940 views | | 9 replies (last March 16, 2018)
Post ID: @OP+SdwcsIU

Stock price for buyout

Given that Broadcom's 82 dollars a share vastly undervalued the company, wondering what price PJ would be willing to pay for it?

by
| 3010 views | | 7 replies (last March 19, 2018)
Post ID: @OP+SdOpO45

SM total reports reducing: 30543 Today

30553 Headcount under SM yesterday, today it's 30543. So 10 people were let go yesterday? Let's keep posting this number to see the trend companywide.

Major Issues with Qualcomm

Qualcomm San Diego employees have an overbearing attitude towards employees of other regions. Their attitude and behaviour is driven more by nervousness and fear of losing jobs. Qualcomm culture is getting bad.

Seriously?

So now we have people claiming there are layoffs today, next week, early April, May... Are we playing Bingo? Nothing is known right now, and nothing will be known in the next few weeks, I can guarantee you that. This was a major attack on Qualcomm... — read more 

by
| 2410 views | | 3 replies (last March 16, 2018)
Post ID: @OP+ScVBg00

April layoffs

Rumors have already started circulating that a major round of layoffs will come as soon as the first half of April. I guess it does make sense that higher ups will do all they can now that the threat is gone to maximize profits (even if we all know... — read more 

by
| 2620 views | | 7 replies (last March 15, 2018)
Post ID: @OP+Scv6FdB

Should I sell?

I voted with my feet but I still have some stock (wouldn't buy this shxttastic stock in the retail market and neither should you). I think QCOM will slowly dip into the early 50s dodge a few more takeover attempts by buying politicians but eventually... — read more 

by
| 1054 views | | 2 replies (last March 15, 2018)
Post ID: @OP+ScXjgIC

Of course the cuts are still on!

The executive made an unambiguous promise to shareholders to deliver at least $6.75 EPS in 2019. Shareholders have already shown that they are willing to vote against management unless things improve. If QC doesn't deliver at least close to its... — read more 

by
| 1682 views | | 2 replies (last March 15, 2018)
Post ID: @OP+ScUyckr

Start a new thread - post a news comment, question or message:

: