Topics regarding layoffs at Qualcomm Inc.

Topics regarding layoffs at Qualcomm Inc.

Non-engineering positions axed

Manager told the team some non-engineering positions got axed. The last day is end of May. Org is Auto BU, and region is US. Not sure if this is a part of rumored layoff. To keep myself anonymous, I can’t provide more information.

PMIC experience

I joined the PMIC team in San Diego less than couple years ago as I though it would be a good fit for my background. Things started to change quickly after the initial honey moon period. Hard work and knowledge don't count and seem to pose a threat... — read more 

Considering volunteering

I am currently considering my options. I would prefer to volunteer to be laid off, but I am afraid of negative repercussions, how to approach it in general and whether this is a good time to tell manager about it. Any advice?

Insider Trading + board of directors

Folks/current employees. Pls check the insider trading and the millions of dollars awarded to the useless executives and directors. *CA just gifted 172,015 shares ($20M). I guess he wants to sell but he does not want the bad publicity that comes with... — read more 

When Q was in growth Mode

When Q was in growth mode: there were no H1B employees Bagels were free on Friday lunches were free people could become millionaire off of stock options Nokia was the biggest mobile phone maker in the world iPhone didn’t exist ... — read more 

I wish they would get it over with

I'm no longer worried about layoffs. I'll be perfectly fine with severance money and my savings for a year at least even without a new job (not that I won't be looking) so I'm at the point where I simply don't care. I am just tired and I'd like to... — read more 

There will be 2 rounds of layoffs

In May and then in July. It will be substantial, since CA mentioned on earnings call we would save 5% of opex. He said we already have achieved the first 3 percent of that savings, the last 2 percent will be with headcount reductions. Yearly opex... — read more 

Big layoff coming?

Perhaps a big layoff may be coming? Many companies are starting to layoff to meet Fed demand of high unemployment in order to control inflation.

The best and most capable ones have become unwanted

I was very happy when I got the job here and I thought I would become even more valued as I became a better, more productive employee. However, I very quickly realized that some other things are valued here more. So when did the most capable and... — read more 

Qcom should lay-off all Realtors and their managers!

They are not interested in their jobs, they are doing unethical things like showing homes and filling real estate forms during day time. Their managers are aware of it, they get some commission. Those managers should be laid off too. Highly toxic... — read more 

No layoffs, all rumors!

We are doing well! Only volunteers are being let go. Work hard, make Q more profitable. Actually, we need 10% layoffs mostly they belongs to junk category.

AI Replacing Your Job

I have heard directly from SVP that Q intends to stop hiring and eventually replace 40% of software engineering with AI. Yep it's going to happen rapidly. Thanks JT and SS

You should not work hard or smart.

Only status collectors and managers are valuable at Qualcomm. If you are solving the problems and you think you are smart, you are a loser. If you solve the problem too early, status collectors does not have anything to report to their VPs. If you... — read more 

Korea fined $800M

https://www.upi.com/amp/Top_News/World-News/2023/04/14/Qualcomm-South-Korea-fine-business-practices/4921681500105/

Layoff more interesting

That the products... Well done senior leadership. A reputation taylor made. It looks good on u.

Marketing To Lift Sales

Q should sign Dylan Mulvaney to promote Snapdragon, we could be known as the inclusive power behind smartphones. Come on CA where is your marketing team?

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| 1220 views | | 1 reply (April 15, 2023)
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Plans for summer in case ...

So have people started planning for what you will do in summer if you get laid off? I will start: I will drive around the whole country for 2 months. And listen to MIT classes while I drive and while I am staying at hotels. I will also explore... — read more 

no layoff

No layoff happened todays Turned out all rumors

Side jobs

It's quite surprising that so many people here have a side gig. I'm so overwhelmed with work here, I couldn't possibly handle any more work. Will it be that then the distribution of work here is not very good?

Qcom employees working as full time realtors

I saw many employees filling-up real estate related forms in the office and taking their clients to show homes during office hours. Employees should be professional, they should love their jobs and committed to work 100% for the employer. These... — read more 

Apple started laying off contractors before employees

Google to layoff more people. I think qcom needed a big haircut, squeeze to a small highly profitable company. Too many directors, too many principal and staff engineers, too munch of politics, corruption, non performance issue. It is time to clean... — read more 

Poor Outlook For Qualcomm

The ONLY think helping this year's results is Apple (Maverick) not having their modem act together. That changes next year as we know. The jelly beans from automotive and the vapor revenue from Nuvia will be a joke. Qualcomm, you better start... — read more 

Signs you might be laid off

My manager is acting like there won't be any layoffs at all. Not only does this not instill any security, it even increases anxiety. On the other hand, I hear that some have been given clues by their managers that they should look for a new job... — read more 

Stock - WTH ????

Stock kept crashing since the company announced that Apple is out in 2024. Fire the useless people we have especially at high titles and give more RSUs to the poor employees struggling in San Diego.

My Sr Director Asked for List

I am principal/mgr My direct sr director asked me to remove 3 reports in my roll up, need answer tomorrow. Layoffs imminent. I have 12 roll uped to me. QCT. Will not name which team.

This is nerve wracking

There are already lots of rumors about layoffs, but the company has decided to keep us in suspense until the end. What do they want to achieve? If the goal is for employees to become maximally productive out of fear of losing their jobs, I... — read more 

Interview red flags

What kind of red flags do you pay attention to during a job interview that could mean that the job is not what it's being advertised as? Anything that could help decide between accepting and refusing the offer? I'm about to start interviewing again... — read more 

Fundamental Problem

Core business commoditized, no growth, lower margins as time progresses. The more QCOM tries to say not a smartphone company, the more it becomes a smartphone hardware company. 100% of QTL revenue is smartphone segment, with Apple winning more and... — read more 

Ouch

In the wake of QUALCOMM latest US$4.9b market cap drop, institutional owners may be forced to take severe... — read more 

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