Just out of manager's review meeting. Projects will be cut and ppl reallocated or let go. Hiring freeze has started. Replacement reqs still possible. Get your hiring before it is too late.
Tomorrow is 2017 new iPhone day
I guess we find out if Q is in it or not....
Any of the 7 Corporate Jets Endangered of Being Laif Off?
Maybe we can all chip in so the execs do not have to go without....
The Only Path Forward
First let me say that the silence from executive management is deafening. Q is being attacked on all sides, the business is in jeopardy, good people are leaving, competition is like never before, and what is their action? To give select groups... — read more
Qcom to hit 35 in 40 days. Clear downtrend from my chart.
Sold 70% remains in will be sold in next 3 dars.
Get rid of SVPs and VPs
We should start by getting rid of all of the SVPs and most of the VPs. They are overpaid, lazy and useless. They screwed up the company so badly. Q is a shadow of itself from just a few years back. Look at all the recent VP and SVP promotions last... — read more
Apple vs. Qualcomm Columbia vs. Cali
If anyone follows this show (Narcos), you may see parallels between what is happening in that show and the Apple vs. Qualcomm dispute...
Last night I had a dream that the stock was $150 and we were hiring engineers from Apple. I am keeping my fingers crossed
Keep praying please. -KK
Small Win for Apple............................
https://www.reuters.com/article/us-apple-qualcomm/apple-lawsuits-against-qualcomm-can-proceed-u-s-judge-rules-idUSKCN1BJ29V Our spoke persons statement sounds like we knew we were not going to win this portion anyways. Carry on
Qualcomm needs a fresh round of layoffs.
We are a disorganized mess with meetings about why there are so many meetings. There's at 3 to 5 people to do a single job, each in a different location, each thinking they are the only person doing the job. There are politics on top of the politics... — read more
QCT operations to be next target ~20-25 % by the end of 2017
Major operations moving process on the way. TCOE will expand and start doing testing onsite. The Zombie shared this info.
No WARN, no bad publicity for Qualcomm
Q is a master at avoiding WARN notice; they will use PIP or voluntary packages to avoid WARN; they just don't want public official layoffs news. They have used this process for decades. This is what I have noticed in my many years with Qualcomm. They... — read more
What a Mess
Unfortunately Q can't afford this long drawn out hit to earnings. http://www.eetimes.com/document.asp?doc_id=1332242&page_number=1
Layoffs are real and confirmed
I am in the SOC team and they asked me to volunteer with a generous package. They are targeting high pay individuals at all levels. High pay is also usually high performance but my director said the management does not care. They just want worker... — read more
PTE Director informed me today about layoff on Nov.
He asked me for voluntary layoff (early retirement) and I agree after 20 years at Q. Be aware that PTE will be affected this coming cycle ~20 % will be affected. Good bye my friends. last day is November 10th.
Stock is up 50 cents today. Everything is great. No layoffs
Not even useless VPs. We are all good. Now let's put in our hard work from 11am to 2pm so we can enjoy the rest of the day in beautiful San Diego
Today I got my package, last day Nov 10th.
Good bye Fellows, after 13 years I got my package, HR warned me about mentioning this publicly but I don't give a damn. Please go somewhere else there is too much Mafia here. See you at better company.
Based on the volume of....
Boondoggle business trips this month for employees to pad their frequent flyer accounts and spend fall in Europe, QC must be doing fine.
Employees Sense a Problem
When will the exec team level with employees. QTL, the Qcom money maker is in real trouble. The S Korean Court ruling effectively mandates that QTL must change it's model (meaning much lower royalties). Qcom will need to shrink it's expenses... — read more
Qualcomm September 2017 Layoffs
Post your updates here - it'll be bumpy...
And so much for that...
https://www.reuters.com/article/brief-qualcomm-stay-appeal-denied-by-seo/brief-qualcomm-stay-appeal-denied-by-seoul-high-court-idUSFWN1LL0DQ
Layoffs to start this week!!
Folks, prepare for first layoff starting this week, packages are ready for distribuition. If you heard about changes in your team that means people will be let go. Good luck and I hope all useless are targeted first.
Modem HW and Graphics HW got 8 to 15% salary adjustment before review cycle.
saying modem and graphics are most important IP, special salary hike has been given to staff + . salary of staff engineer now is 168k from 140k. some got 75k bonus.
Just left...
I really loved Q and was proud to be a part of it.... Going to a better place, but it hurts to see Q going down. It became a shadow of itself. Best of luck...too bad.
IT innovates?
With groups like UX and PMO, wonder what product is cooking up there..
Remember When Qualcomm Was a Great Place to Work?
Gee, what happened after 2013, did we get a new CEO or something? http://archive.fortune.com/magazines/fortune/best-companies/2013/snapshots/11.html
The house is on fire, Your Honor
https://www.google.com/amp/www.barrons.com/amp/articles/qualcomms-conflicting-statements-on-apple-battle-disturbing-says-bernstein-1504204850 One of the largest handset manufacturers in the world has now told us that they have been watching the Apple... — read more
Performance Ratings
The current review ratings are not fair, just like all review ratings before them. This time they're going to be worse. I'm not going to sugar coat anything like everyone else. I went through it, and I got terminated. Expect to be fed to the Lions by... — read more
Qualcomm Executive Management in a State of Panic
QTL's world is crumbling, EVERYONE (customer's and governments) hate Qualcomm's business model. Apple will stop at nothing to destroy it and they are NOT going forward on any settlement that doesn't substantially change the current model. Apple wants... — read more