Stock market also plummeting. Interest rate go up soon, expect 15% reduction.
BCG is being hired again to help with second layoff. March second week targeted.
Contractors will be terminated by January. 20-25% layoff possible. I will post more info by December 20th, now I have reliable source to collect information.
Q recruiting model: remove bottom 5% of workforce (thru phony PIP) and replace it with thousands of H-1Bs
To bring new blood; repeat same process over and over.
The Myth of H-1B Job Creation
cnsnews.com/commentary/michelle-malkin/myth-h-1-job-creation
Why?
Why
I got an offer from both Qualcomm and lesser known company. Which one should I take ? Qualcomm has better salary.
The lesser known is a mid-level company with more stability but has lower salary about $2000 less per month. I am confused and please advice without trolling.
get $1000 bonus before tax for this review cycle
good or not?
happy
I was laid off and happy to be done that way I no longer have to work under bs the idea of a job I'm my personal opinion is take orders directly from my boss but no lead people who have no better pay than I did told me what to do and reports to pgl I... — read more
Main Reasons I am not moving to Austin TX: #1) The natives (they still remember the segregation days, #2) I like to eat barbecue once a year
$177/sf doesn't hurt though and you can still find good craft beer.
Review cycle
keep posting what you got for merit/bonus/rsus. I get mine next week and will post
How H-1B Numbers Break Down
Of the 20 companies that received the most H-1B visas in 2014, 13 were global outsourcing operations, according to an analysis of federal records by Professor Hira. The top 20 companies took about 40 percent of the visas available — about 32,000 —... — read more
Exynos doesn't integrate 820. Samsung is gone from a customer to a competitor. Time to layoff.
http://seekingalpha.com/article/3679336-the-new-samsung-exynos-8890-is-bad-news-for-qualcomm-in-2-ways
Confirmes: QCT will be spun off.
I wonder if they will announce it during QCT all hands? Who buys it? Intel? Google? Facebook?
Fool's Task - Are Apple's CPU Designs No Better Than Qualcomm's
fool.com/investing/general/2015/11/11/are-apple-incs-cpu-designs-no-better-than-qualcomm.aspx
No stock in review? Do you have a future?
If did not receive any stock during your review perhaps it is because they do not expect you to be around long enough to receive it. You might want to be looking for another job while you have the luxury
Exynos 8 will kick qcom's butt
there goes qcom's last chance for survival
I can live without Shamu!
I only have two problems with moving to Bay Area: 1) $730/sf, 2)San Andreas Fault
Qualcomm is actually using buybacks to offset the dilution.
Qualcomm fell behind the tech curve when Apple launched its first 64-bit mobile chip in 2013. Qualcomm's first 64-bit mobile chip, the Snapdragon 810, arrived a year later and suffered from overheating issues -- which likely spooked Samsung. Qualcomm... — read more
Had a class in Building S today. WOW! I wish Qualcomm was all like this.
Actual good looking women walking around. Good food in the cafeteria. No groups of loud talking stinky dark Indians with outdated clothing and black rimmed glasses. No Chinese/Korean/Vietnamese reheating fish slop in the microwave. They have a mobile... — read more
Q messed up layoffs in Boulder, CO. Plenty of strong engineers were let go but the ass kissers are still here.
Now I will have to deal with all these losers. Well done Q!
Whose hole is this? It is so wide, needs to be covered
http://finance.yahoo.com/tumblr/blog-a-hole-is-opening-beneath-qualcomm-hold-on-tight-145126158.html
http://www.sandiegometro.com/2015/11/daily-business-report-nov-10-2015/
Severe Housing Shortage Threatens San Diego Region’s Economic Growth The San Diego region’s housing shortage has become acute, with the region failing to develop the number of multifamily and single-family homes needed by 2020 to accommodate... — read more
I am ready for a startup in Bayarea (Work from Monday -Thursday) and Fly back for Friday through Sunday at home
Any Startup millionaires in the forum or just bunch of sore losers on this forum..
Are people indifferent to review cycle this time around?
Is this the case everywhere at QC? People seem to have lost interest in everything including their reviews. I hear people saying things will be done in the same shady way anyway with the well connected morons getting promoted
SEA WORLD IS PHASING OUT SHAMU SHOW IN SAN DIEGO!!!
Please give me a reason to stay in San Diego :-(
Reviews? Bonuses? Stock?
Has anyone had a review? What were raises, stock, and bonuses like compared to spring?
Qualcomm stock will dip below $50 soon (buyback is needed and also more layoff)
http://finance.yahoo.com/tumblr/blog-a-hole-is-opening-beneath-qualcomm-hold-on-tight-145126158.html
Watch out for those Chineese stealing secret design
And go to work for Media Tek .
Need a international proven general counsel
Our GC is in way over his head on dealing with enforcing our licences. His usefulness has past and now we must seek out some one more effective internationally, with proven experience dealing with China. HR...you are next if you can't find us... — read more