What is the best possible outcome (for Apple) of this Qualcomm / Broadcom / Intel saga? Status quo? Intel wins everything? Prolonged drama that distracts everyone except Apple? What are your thoughts?
Wills of capital
BlackRock/Vanguard are top 2 institutional holders of Qcom stock. No surprisingly they are 2nd and 3rd largest holders of BRCM. BRCM's acquisition of Qcom is the will of capital and unstoppable from naysayers such as Cfius. Redomiciling to US is... — read more
Logical Thinking is better than conjecture
CA said there would be lay offs. First the temps/contractors will go, followed by the re-orgs we are seeing now. Some jobs will be transitioned to QIPL, especially if there are redundancies. This will condense the workforce, and provide a certain... — read more
Which groups are highly political and toxic?
Which groups are highly political and toxic?
Layoffs begin 3rd week of May
Not BS. Confirmed news. Heard from a VP in SD today. And yes, it would be mostly principal and above. Looks like they’ll be nice enough to allow the RSU vesting then.
SAN JAY
UT says he resigned CEO role. He lives in SAN. Jacobs Jr replaced today. What happens on Monday?
Sanjay's back?
During the 2008 subprime crash, Sanjay predicted that nothing would affect Q when in fact he was proved wrong. Sanjay has helped nurture the arrogance that became a hallmark of Q executives. This time of dominance is long gone and will never come... — read more
Layoff is starting from top to bottom
The rumor that Principal and above will be affected most seems to be true, as we are seeing layoff starting from the top in the last few days.
Intel to bid for Broadcom
https://www.wsj.com/articles/intel-considers-possible-bid-for-broadcom-1520633986
Let Me Get This Straight
Intel considering buying Broadcom who is trying to buy Qualcomm who is in process of buying NXPI. Seems Intel will inherit the earth.
Hold my beer while I refill my popcorn
Intel is considering strapping a saddle to Qualcomm's backside and riding them around along with Broadcom. Let's see who lasts longer - Qualcomm won't be to go crying to CFIUS over Intel buying us out. QC is done for one way or the other. Thanks... — read more
Let's give SM and PJ their merit review
I'm giving Steve a 2 with a strong message and Paul a 1 with an immediate PIP.
Good or bad?
Anybody else feels like we just went out of the frying pen into the fire?
So today's layoff is it?
After today, it's all over or what?
Board Changes (as announced today)
Board Changes: Jeffrey Henderson named the Non-Executive Chairman Paul Jacobs will continue to be on the Board; his Executive Chairman Role has been Discontinued Tom Horton will continue as Lead Director
Is Sanjay coming back
https://www.bizjournals.com/albany/news/2018/03/09/globalfoundries-names-new-ceo-general-manager.html
who is Jeffrey W. Henderson
Seems to have finance background. Now lets understand the bottom line !!! http://www.fibrogen.com/person/jeffrey-w-henderson Let's be honest, has Qualcomm cooked books and/or mis-represented any financial data in last 5 years ?
Layoff # and Sev pak
Is this still going to be ~4k and reduced package ? Anyone already got the package ? please chime in,.
Will HR folks layoffed ?
Any insights, concerned as its very quiet here. How is AVGO HR ?
RT gone, PJ almost gone..who is next ?
Well, PJ is not really gone. He is still on board. This change means actually nothing more than a show !! Perhaps he is positioning himself as next CEO and negotiating. Who knows, this is one way he can keep Jacobs legacy alive for some more time and... — read more
Oh, this is priceless
"Broadcom has promised not to sell critical national security assets to foreign buyers if its deal to buy chipmaker Qualcomm is approved." In other news, sharks promised they would not bite swimmers if they swim in shark infested waters and bank... — read more
This really says it all
He leaves, shares jump. Shares of Qualcomm Inc. QCOM, +0.81% are up 0.8% in Friday morning trading after the company announced that Paul Jacobs would be stepping down as executive chairman... — read more
Paul’s gone as Chairman
I guess that’s it. They put an MBA in place and priority is clear: maximize shareholder value. No longer foster innovation, help the San Diego community, ensure employee satisfaction, show corporate social responsibility, etc.
When is it enough?
Qualcomm should not under any circumstances be sold to Broadcom. How many of our own companies were sold to foreigners for simple greed? How many of our IP/ITs can we afford to lose before we are rendered completely irrelevant? Not to mention that in... — read more
NXP deal more and more delayed.... it won't happen
still pending china approval. Trump's steel tariff plan hits China. Why would China approve? Secondly, 10.5% of shares are tendered of 70%. even with the increased bid it does not go fast.
Can QC keep promise?
https://www.fool.com/investing/2018/01/29/did-qualcomm-inc-make-a-promise-it-cant-keep.aspx
Qualcomm Increases Quarterly Dividend by 9 Percent
https://www.prnewswire.com/news-releases/qualcomm-increases-quarterly-dividend-by-9-percent-300611189.html
SM and CA have mercy of people that don't make 20M/year and offer your resignation!
we have families and kids!
HOPELESS DIRECTORS @ BDC
list out teams
Silent protest against incompetent management
How about everyone WFH one day next week to protest against incompetent management?
Will voluntary leave get the severance package also?
Will voluntary leave get the severance package also? I would like to leave for another company and would like to know how to manage to get the severance package.. My current team is key modem team(5G) and should be safe enough even for this time... — read more
Wish our logo hadn't changed
The logo change can easily cost a company like Qualcomm $10M or more with all that cost of rebranding. Wonder whose brilliant idea was to change to a logo that looks like a bad pirated copy of the original logo. Could have saved a few jobs instead.
Why in the world does Broadcom wants us this bad?
Talk about going to extremes. Seriously, why are we this important?
How is QDT situation,just curious what will SM treate this new business
Just wondering BCM deal will impact QDT project ?lots of people in RAL are wondering the next step
Gualcomm and Chroadcom
While Qualcomm deserves new nickname Gualcomm, Broadcom is not quite different. I give you new nickname Chroadcom.
Poorly manage company....
Brcm saw an opportunity. 10th floor of bldg N picks fight with Apple, while Huawei follows (which is what Chinese company's do - copy), all while you have regulatory issues that just never end ( lisc model not sustainable). Add to that Qcom spends... — read more