Topics regarding layoffs at Qualcomm Inc.

Topics regarding layoffs at Qualcomm Inc.

Anyone volunteered but not get approved?

I am the one. Although I works no more than 1 hour everyday and try to performs as bad as I can. But still my volunteering request not get approved.. Feel really sad for those hardworking guys but get layoff this time. Hope I can get layoff next... — read more 

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| 2681 views | | 4 replies (last April 24, 2018)
Post ID: @OP+SOClibC

Any scenario is a nasty scenario... put it anyway...

What a Mess! If NXP deal goes through: Too expensive a merger. Q will regret buying this costly partner. CANNOT layoff NXP employees readily due to strong rules in EU against that. Q will have to absorb the cost and therefore unprecedented layoffs... — read more 

Tech world enjoying this

I work for a big tech co and it's no secret that Qualcomm people are often highly egotistical and hard to work with due to "always being right." Lots of us are quietly cheering this on and look forward to it getting much worse soon. Maybe some humble... — read more 

Resource for those wanting to start their own thing?

I'm one of the people affected, and I'm thinking of starting my own thing. Is there a resource for other QCOM employees who want to try their hand at their own company? I've been reaching out to co-workers that I trust, but would like to talk to... — read more 

doing a Balckberry ?

I think Q is doing a Blackberry. Totally lost focus and still arrogant; all the while not realizing the rest of the world is moving on............fast.

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| 1000 views | | 4 replies (last April 22, 2018)
Post ID: @OP+SNBVp5F

I wonder how does RA feel?

Knowing lots of good, capable , and competent people lost they jobs and he kept his likely just because his brother is the boss. Not to mention his meteoric ascension in the corporate ladder..so deserving.. CA brought the banana republic style to QC!

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| 1170 views | | 3 replies (last April 22, 2018)
Post ID: @OP+SNVf0Pj

May be a grand plan..but who knows.

Stock to drop to ~$35 ( $39 is the intrinsic value today ? ) , PJ will buy with 50% premium ~$52 which is the rough intrinsic value projected and become HERO again! Thoughts , Qualcomm experts ? If the above numbers are right, Qualcomm needs to do... — read more 

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| 1110 views | | 6 replies (last April 22, 2018)
Post ID: @OP+SNSshKS

2018 Bonus and stock pool reductions coming

Same as in 2015 expect the executive team to dole out smaller bonuses and less restricted stock than in prior years. This will save compensation expense on the backs of the still employed.

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| 1940 views | | 7 replies (last April 22, 2018)
Post ID: @OP+SNbUSSn

What Percentage of $1B is “Soft Layoff”

Cutting people and paying a severance, or killing a project gets you someway to the $1B. How much is the company saving by the smart engineers, product managers, testers, and researchers who throw in the towel because they are fed up with racism... — read more 

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| 1210 views | | 3 replies (last April 21, 2018)
Post ID: @OP+SNl9WTL

Any Spin-offs / Sell Offs?

Are any projects being sold/spun like Vuforia? All this negative news about the guys who are either laid off, or looking for jobs in anticipation of the next cut is sad.

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| 1170 views | | 7 replies (last April 22, 2018)
Post ID: @OP+SNvLWqj

NXPI still happening?

Stock is taking a nose dive. Someone knows something. Will Qualcomm reduce the purchase price to upper 30s?

Who are the real 'survivors' here?

The people who have to stay back and work in a nepotism infested environment, where 'kissing a--' is the talent preferred over quality work; under incompetent and ambition-less leaders? Or the folks who are getting 'paid' to leave (bumped) to escape... — read more 

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| 910 views | | 3 replies (last April 21, 2018)
Post ID: @OP+SNtGbIf

Second Round July

There will be a bigger second round in July. Confirmed.

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| 2630 views | | 6 replies (last April 21, 2018)
Post ID: @OP+SNUyhhP

Qualcomm made San diego what it is today

From the amphitheatres to the symphony to the ballet to UCSD's Jacobs school of engineering it has always been Qualcomm behind the success of these venued. I hate to see that the company that I love so much has fallen into this type of disarray. I... — read more 

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| 1550 views | | 4 replies (last April 22, 2018)
Post ID: @OP+SNeO1Sa

Don't ask don't tell

That's QC policy so let's burn one down and come up with the next big thing outside of QC so they don't their grubby hands on it.

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| 527 views | | no replies yet
Post ID: @OP+SNwrNyV

WTH? No humanity

I just heard some dude on medical leave dying from cancer Was laid off today.... is this for real? What kind of people would do this horrible thing?

Send in IRWIN JACOBS!!!

You need Irwin to talk to President Xi through some kind of backchannel. China would want more investments of plants, maybe some concessions on royalties rate or even 6G standards. Irwin Jacobs even once said when riding on a Mercedes in Beijing... — read more 

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| 1660 views | | 5 replies (last April 21, 2018)
Post ID: @OP+SMHuRYn

CFO calls it GEO-SHIFTING

Layoff higher paid employees in California and backfill the work by hiring lower cost workers in India, China, Singapore.

It's not over

$1B / 1,500 = $666,667 per employee. If average employee made less than $667k then there are MORE LAYOFFS TO COME.

Companies vs Individual mindset.

Layoffs are difficult experiences for those involved. On an individual level, anyone affected will start asking the question:" Why me?!" Each individual knows it's own efforts, extra hours they invested in a project, overall performance and... — read more 

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| 1560 views | | 8 replies (last April 21, 2018)
Post ID: @OP+SMJqXFG

This was exhausting week

I don't remember the last time I was this happy the weekend arrived. I think I'll sleep through the entire Saturday and Sunday. It's really sad that after a week at the job I used to enjoy now I feel like I've been through ten rounds with Ali. I... — read more 

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| 1740 views | | 2 replies (last April 21, 2018)
Post ID: @OP+SMIQL54

Blood river or just a leakage?

Was this the real blood river that folks have been predicting or is this just a small leak before the big one?

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| 1600 views | | 5 replies (last April 21, 2018)
Post ID: @OP+SMenlWa

Semiconductor Job fair

Saw this job fair for semiconductor industry https://www.eventbrite.com/e/caspa-2018-high-tech-job-fair-and-career-talk-tickets-43689431265?aff=yinfei

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| 1220 views | | 5 replies (last April 21, 2018)
Post ID: @OP+SMcDsJG

Posted Job openings are not necessarily real jobs

This little trick is being used by lots of companies lately in an attempt to offset the negative press they're getting for layoffs. Don't think for one second management is above advertising jobs that don't exist. People who apply are led along the... — read more 

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| 1010 views | | 4 replies (last April 21, 2018)
Post ID: @OP+SMZrMaU

Info on what happens after notice

Volunteer. Notice today. Last day of access May 4th (turn in computer, badge, door key). Still on the books but not coming into work. May 21 is the day after RSU vesting, last normal paycheck around that time. Termination date June 19th (60 Day... — read more 

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| 2730 views | | 8 replies (last April 21, 2018)
Post ID: @OP+SMyeAe2

Why are we still hiring?

Not talking other countries, right here, right now, as thousands of people are being shown the door more are being employed by Qualcomm. There are even dozens of job postings for San Diego!!! What's going on here? What is the point of laying off... — read more 

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| 1350 views | | 3 replies (last April 21, 2018)
Post ID: @OP+SMWKIso

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