Topics regarding layoffs at Qualcomm Inc.

Topics regarding layoffs at Qualcomm Inc.

cannot trust mgmt anymore.

mgmt knew ftc was going to go against qcom.. they took their bonuses as soon as apple was resolved. we can't trust this greedy / cunning mgmt anymore.. why wait. look at MSFT , it's at 1 Trillion market cap.. they must be thanking their stars they... — read more 

Cost cutting measures

Will be implemented next year reduced bonus, elimination of RSU, 15% lay off, no business class travel for below VP level.

Change in compensation structure and higher salaries

Hello All I have been hearing from some senior folks at Qualcomm that some kind of compensation change is on the way. They would be increasing the compensation to match the market pay and that way they can stop attrition. Has anyone else heard this?... — read more 

BCG

Heard BCG will be back to QCOM in July. What’s that mean? Restructure?

Lay off plans

Management considering huge lay off if apex court fail to turned down Mr Koh order. It may happen some time early next year. Management is realizing royalty issue is major blow to company profitability.

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| 1580 views | | 1 reply (June 7, 2019)
Post ID: @OP+ZkLknjc

Shaking down customers.

https://arstechnica.com/tech-policy/2019/05/how-qualcomm-shook-down-the-cell-phone-industry-for-almost-20-years/

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| 1270 views | | 1 reply (May 31, 2019)
Post ID: @OP+ZjJPlFV

It’s too late for you.

If you have these companies on your resume, you’re going to have to answer some awkward interview questions in the future. It gets worse the longer you stay: 1) Bernard L. Madoff Investment Securities, LLC 2) Enron Corporation 3) Arthur Andersen LLP... — read more 

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| 2590 views | | 3 replies (last May 31, 2019)
Post ID: @OP+Zj6j5xT

Rookie Question

I wish to cut short the time I spend at work and spend more time with family and on my own well being. I am competent enough to be able to finish the assigned work without sacrificing quality in about 80% of the time. My question: Do simple slip out... — read more 

Huawei’s Game

Huawei’s Yearslong Rise Is Littered With Accusations of Theft and Dubious Ethics... Huawei’s heady expansion was in microcosm the allure of China’s massive market—irresistible to many companies around the world, including American tech majors that... — read more 

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| 1025 views | | 1 reply (June 6, 2019)
Post ID: @OP+ZihqsfW

How different is it?

How much has job seeking process changed in the past several decades?

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| 801 views | | no replies yet
Post ID: @OP+ZhG57ii

FTC

Very bad for Qcom, Qcom shares and employees. At least 50% to lose jobs. Very bad time for Qcom ahead.

Leave or wait for layoffs...

I had already made the decision to leave, started sending out resumes, and then the FTC thing happens. Now I'm wondering if it would be smarter to just wait it out and possibly walk away with a severance. So I'm back at the start, trying to make the... — read more 

Can Q change its business practices?

Is that even a possibility? And if it what’s going to be the price? How long is that process going to take and on how much change in the employee structure can we count on as a result of that process? What is the way Q does business even gonna look... — read more 

So, What is the next step?

Ady idea what the leadership is planning on doing next,after this whole thing with the FTC turned out the way it did. What could be the next step and are mass layoffs on the table at this point?

HR very busy

HR continuing to delete threads. They don't want us to discuss working conditions or comparing those at QC to other companies. Why not? That seems pretty relevant to people who are looking for a new gig after being RIF'd. I wonder if they have to pay... — read more 

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| 1850 views | | 4 replies (last June 7, 2019)
Post ID: @OP+ZdyUaVn

SEEN worse foes

1st Anti trust regulators all over the world Then octane hostile bid Then Dutch failure Then Biggest rip off company litigating q Share price rocketing to 90$ Q overcame bigger obstacles then Ftc goons FTC stands no chance against qcoms

Stock falling fast to $40

Don’t tell me I told you so.. From finance guy who told you all about bonus mismanagement... taking into fines and cost of legal ... looking onerous.. sell fast when you can make profit still... hope this is enough hint to all hardworking guys n... — read more 

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| 1230 views | | 1 reply (June 4, 2019)
Post ID: @OP+ZdmJ87C

Qualcomm is going to be fine.

The company is still in a better position than it was a couple months ago, there is zero chance of a 50% layoff considering all the attrition that's been happening. If you're really that concerned then just leave, the market is hot and there are jobs... — read more 

Nothing will happen for the time being

This will hit us, no doubt, but let’s not exaggerate. Q will try to appeal this in any way they can and the judicial system is slow.We know nothing yet,so let’s not panic. This can eventually go the other way

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| 1250 views | | 1 reply (May 23, 2019)
Post ID: @OP+ZcFfVCw

Koh’s 232 page ruling transcript

excoriates execs current and former. calls em out as liars based on oral statements compared to emails and hand written notes. one takeaway is mav agreement becomes null and void. implies intel dropped 5G due to monopolistic qcom behavior. this stock... — read more 

Return Bonus SM

SM and his team got awarded too soon. Give bonus back... you cannot keep saying... “All success are because of management team and all failures are because of engineering..”

FTC Rules Qualcomm Violated Anti-Trust Laws!

The Federal Trade Commission Ruling that Qualcomm engaged in Anti-Competitive Behavior Is Devastating! Qualcomm Stock has dropped 8 points so far today!

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| 822 views | | no replies yet
Post ID: @OP+ZbI1UsX

RFFE Restructure

Reorg happening, directors "stepping down", directors being terminated, departments being merged, anybody has any info?

How will this affect us?

I know this is bad, but I think some people are already panicking too much when very little is known. It might not be as bad as some might think. I was wrong before, though... — read more 

Interview Question?

I have been interviewing recently with companies all over, some of them are big names in industry some are not. The question I get quite often especially from smaller companies is "Why do you want to leave Qualcomm? It is a great company!!" We all... — read more 

Someone help me understand this phenomena

of folks working and sending emails between midnight and 3AM in the morning. They show up at work at 11AM leave at 4PM, are not seen in their cubicles in the intervening period. They are very much physically located in the US and not in any other... — read more 

Share price fall back to 58?

One of the top analyst predicting share price will plunge back to mid 50s in 2 months.

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| 1007 views | | no replies yet
Post ID: @OP+Z9iGS1F

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