It seems Jana partners is going to get what they wanted. Besides the news articles and interviews how and "activist" investor put pressure, how do they impose their will?
Q won't sell/spinoff QCT since it wouldn't make sense... But if that was on the table...
selling/spinning off qct wouldn't really make sense. but if that was on the table, and qct was to be spun off as a separate company, i think it would make sense to grab broadcom's connectivity group before someone else does. that would eliminate any... — read more
You just know that is what is next ...please share your thoughts on what we will look like and what will happen to us at QCT in the inevitable
breakup .PLEASE SHARE YOUR THOUGHTS. WOULD IT SAVE US AT QCT OR END US FOR GOOD?????
Why software talent is jumping ship out of mobile phone semiconductor companies
Some of you speculated why there appears to be a mass exodus of the top software talent from the Q. FWIW, this isn't just happening at the Q, it's happening at all chip companies in general, including Intel, Broadcom, NXP, Marvel, Nvidia... — read more
Layoffs July 2015
Definitely not unprecedented. But, at least in my recollection, definitely not as farcical in the past. Maybe I was younger and more naive. Maybe without social media in all its various forms, the rumor mill wasn't as efficient. I watched the layoffs... — read more
Question for the old timers
Some of us haven't been in the company long enough (4 years for me). I was wondering if there has been a precedence for this previously at Qualcomm. Or are we in uncharted territory? What was the maximum number of people laid off in previous... — read more
QUALCOM WILDFIRE PARTY ON WED-22nd!
QUALCOM WILDFIRE PARTY ON WED-22nd! Let the party begin. Call obama for a speech and also Trump - YOU ARE FIRED!!!!
Don Bauder - Hillary's $335,000 Qualcomm speech
http://www.sandiegoreader.com/news/2015/jul/18/ticker-hillarys-335000-qualcomm-speech/ Freebeacon.com has reported that just one of Hillary Clinton's speeches last year provided her with more money than the total net worth of her Democratic opponent... — read more
Layoff news leaked on purpose?
Interesting to see how every media outlet, even most respected ones like Forbes, WSJ and others, picked up the stories of imminent headcount cuts and possible company break up. I am not a conspiracy theorist, but its seems very suspicious that all of... — read more
Shortly after layoff announcement, Qualcomm reportedly plans strategic review; shares rise
http://seekingalpha.com/news/2640255-qualcomm-reportedly-plans-strategic-review-shares-rise?uprof=45&dr=1#email_link
sorry but it's so funny to see how do people at react to all those rumors , it's mean most of you are useless ready to take the door ... a
and sorry you are not welcome anywhere else , good luck it's gonna be a tough period et long f***ing tough period
rf analog guys should be safe
no worry, right?
Layoffs...Impact on S/W Engineers!!
I have seen lot of attrition in S/W engineers in last 1 year so I think QC may not be as over staffed in S/W...does S/W folks have better chance to survive? what you guys think?
2 days left
we then all know the answer
Any internal confirmation
As an ex Qualcomm employee, am just curious, what does SM and team's internal memo to all employees say now that the layoff news is public? Have they given the numbers? What's their Explanation? They are possibly embarrassed that the news came out in... — read more
Game over,We are Screwed!!!!!!
All over media- No longer a rumor...Any idea about the layoff package ?
Intel to buy QCT?
If you look at the earlier postings and news reports about Intel delaying mobile products, it almost makes sense for Intel to scrap their mobile division and just buy QCT. They could buy into the momentum QCT already has in the market. QCT could get... — read more
President Obama - please help us!
Dear President Obama, If you are listening to the voices in this forum, please help us. Talk some sense into our overpaid executive team and that vampire running JANA. Penalize companies that abandon their U.S. work forces so readily. Set up... — read more
Let's be positive and call it a LayON
I didn't get laid OFF from work, I got LAID ON to unemployment!
Reminder: if you are given GTFO papers and asked to train an overseas counterpart...
Its your duty for all the other colleagues in your office here locally to say fvck you, figure things out yourself. What are they going to do, fire you?
Qualcomm to Conduct Strategic Review, May Consider Breakup
http://www.wsj.com/articles/qualcomm-to-conduct-strategic-review-may-consider-breakup-1437433878
multiple sites (reputable) are confirming the Q is reconsidering a breakup of the company!!!!! Also they are considering giving seats on board
to Jana!!! THIS IS INCREDIBLE!!! They are caving in. HELP .We all 15,000 people will lose their jobs.
Everything discussed here are all over the web news now
Now, who is still skeptical about the power and credibility of Thelayoff.com. Everything discussed here, nicely and now so nicely, are all over the web news now. Apparently QC is deeper crap than anyone can imagine. No chip company can hire... — read more
They announce on Wednesday, but lay off will be over six months, not immediate.
two month Notice will given to H1b visa holders, CONFIRMED!
If this is watching marketong, sales, hr , bean counters getting screwed, I would be fine with it...but...
Unfortunately I think this will be watching good engineers getting screwed....not cool.
Layoff widely reported now ...someone please save us all from what is about to happen !!!!! Good luck to everyone ! We will all need it.
for those of you with faith say a prayer .
send your resume to dothill (in Longmont CO)
good pay, lot of jobs, send directly to HR don't look for ad.
Guys if this is your first time getting RIFed, its not that bad...
Hang in there people. Many of us have gone through downsized and seen our peers RIFed. You aren't alone, and don't take it personally. Its a sucky feeling initially but things always have a way of working out moving forward. Some of you will find... — read more
Damned if you do, damned if you don't.
This sucks. Now that major news is piling on this rumor, it sucks for employees if true. But if they don't do a big enough layoff, its going to disappoint wall street and sink the stock.
Not bad 3000. 1000 may be elsewhere, 2000 in San Diego. Contractors go first. So only 5% will be affected in San Diego.
Not bad at all
http://finance.yahoo.com/video/qualcomm-may-cut-several-thousand-203000653.html
This seems to be reliable as this reporter extensively cover QC and should have internal QC connection...
Starting tomorrow mid-morning, those affected will be getting non-descript meeting invites for Wednesday...
..when they will be asked to GTFO. Good luck to all and try to get some sleep tonight. Pop a couple of zzzqils before you hit the sack and look for a special meeting invite in the morning