Topics regarding layoffs at Qualcomm Inc.

Topics regarding layoffs at Qualcomm Inc.

Q got it wrong this time.

Everything about the RIF is to make statement. The real RIF will be in a few months when this backfires.

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| 647 views | | no replies yet
Post ID: @OP+SLvfr1q

Everything happens for the best. Dont lose hope

I just wanted to share this with all those who have been laid off as I was once in the same boat two years back and it could not have been better. 1) Going through "why me" phase: Do not curse yourself, or doubt your talents. This helps no one. There... — read more 

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| 1950 views | | 8 replies (last April 22, 2018)
Post ID: @OP+SLrxodq

This is not even working!

Layoff won't boost stocks, it's not 1990 anymore. If anything, if the layoff looks too small to meet the $1Billion cost reduction figure already baked in, stocks may drop more. And this is exactly what's happening! Instead of seeing a boost in stock... — read more 

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| 1640 views | | 3 replies (last April 19, 2018)
Post ID: @OP+SLL51bi

Checkout Achronix pages..

I am not a Qualcomm employee but I have been laid off in the past from other places and know the ups and downs of what employees in the RIF position go through. I've experienced RIFs more than once but had the drive to move on. Trust me, sometimes... — read more 

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| 1310 views | | 2 replies (last April 19, 2018)
Post ID: @OP+SL2UCma

Technically speaking, as of today

Stock holders lost ~$30 / share w.r.t AVGO deal. Good or bad ? Specially who are getting axed. For those who dodged the axe, good job !

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| 1150 views | | 3 replies (last April 19, 2018)
Post ID: @OP+SLRK6zp

Any news for San Diego?

Yesterday, it was published that CA will cut 1500 jobs. I did not hear anyone that I know getting notifications or a 60 days prior warning yet. Does anyone know more about this so far?

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| 3010 views | | 8 replies (last April 19, 2018)
Post ID: @OP+SL3UNWL

MST

The two useless VPs are safe one Sr director took Package... One director also took package they all ready have job in Intel, but they should have sacked half of the directors which they did not... One VP they should have sacked which they did not... — read more 

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| 3490 views | | 5 replies (last April 20, 2018)
Post ID: @OP+SLbQF6N

It is all about profit

Qualcomm Cuts Jobs to Boost Profit https://www.wsj.com/articles/qualcomm-cuts-jobs-to-boost-profit-1524115042

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| 1100 views | | 6 replies (last April 19, 2018)
Post ID: @OP+SL9OiK5

Qualcomm April layoff media coverage

Qualcomm is reportedly laying off as many as 1,000 employees as part of a $1 billion cost savings plan http://www.businessinsider.com/qualcomm-starting-layoffs-after-failed-broadcom-acquisition-2018-4 Layoffs Underway at Qualcomm... — read more 

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| 1180 views | | 4 replies (last April 19, 2018)
Post ID: @OP+SLSuotx

Hiring freeze

I am from India, was interviewed a week ago. I was told verbally by HR about the offer. He told me that he would get back to me with the offer letter in 10 days. I am just worried if there would there be any hiring freeze?

The number is 1,500 (just for California)

Looks like the list of those slated for layoffs comes out to more than 1,500 names only in California. We know for a fact that layoffs have been taking place in other locations as well, so who knows what the final number will turn out to be in the... — read more 

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| 1832 views | | 3 replies (last April 19, 2018)
Post ID: @OP+SLZlxmS

Stock falling

Market clearly unimpressed. Heading down below $50. Cost savings too little too late.

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| 820 views | | 3 replies (last April 19, 2018)
Post ID: @OP+SLcL924

What's going on today?

We were spared yesterday so I was afraid today we'd get hit hard, but so far nothing is happening and I don't know what to think anymore. I seriously doubt we'll come out of this unscratched. Is it still too early? What time do notifications go out... — read more 

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| 1700 views | | 4 replies (last April 19, 2018)
Post ID: @OP+SLuQvHT

Only engineers in this layoff at least in PTE.

We were promised there will be folks with higher titles in layoff. But they targeted engineers. Yesfolks with engineer title not even staff and Sr. Staff. Forget about directors and vps. Really big morons.

Layoff is the solution ?

Since after SM, it was 4th layoff but still it is not helping..Don't you think problem is somewhere else ??

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| 770 views | | 3 replies (last April 19, 2018)
Post ID: @OP+SLz2sY7

Some of the best were laid off

This is ridiculous! One more time we lost some of our best employees. Does nobody really understand that higher pay means that those people got it because they are good? Because they have been with Qualcomm long enough to learn how stuff is done? To... — read more 

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| 2760 views | | 9 replies (last April 19, 2018)
Post ID: @OP+SLvlLb4

What about the temps?

On my team, there are three temps. Normally, they're the first to go. I haven't heard if any are affected yet. What's normal for other teams?

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| 480 views | | no replies yet
Post ID: @OP+SLltf97

All future posts should use #thefailingqualcomm

The Trumpism has never been more appropriate. I’m out from QCA. May 4 last day. Termination June 16. Vested in May 20 shares but nothing beyond that.

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| 610 views | | no replies yet
Post ID: @OP+SLEMTTN

It is not over

More notifications are being handed out today, I know of at least one person who was affected this morning. From what I'm hearing, this will continue until the end of the week, but it will not spill into the next one. I really wish they would do it... — read more 

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| 1774 views | | 2 replies (last April 19, 2018)
Post ID: @OP+SLqYbQd

The Process

Getting laid off begins a process, which starts off with you feeling "relieved" sometimes, or "Free" from a bad situation. At this stage, you have a high opinion of your value to a company and view yourself as a fully employed desirable contributor... — read more 

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| 1221 views | | 3 replies (last April 19, 2018)
Post ID: @OP+SL5fYcs

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