To let go in the event of any new layoff. He promised a lot in last 4 years and has not delivered. Same stock price, same uncertainty, same Apple issue. No one is buying what he is selling, whether investors or employees.
Any managers here?
If so, how do you manage situations where you're told to rate someone lower than they deserve? I personally can't imagine doing that. Does it ever feel wrong to you, or is it just part of the job? I'm curious if you find it hard to make that call or... — read more
https://finance.yahoo.com/news/apple-prepares-three-modem-rollout-164412669.html
Prepare for more layoffs folks. Stock is already down on this news.
Non compliance notice
Has anyone got the non compliance notice yet?
Digital Value Creation
What all does DVC do anyway? IMO they’re the biggest waste of company resources. Leadership should be looking there to reduce headcount before other areas. Tell me I’m wrong…
Based on a manager's survey, QC should prioritize these layoffs.
QC India should consider laying off Directors, Senior Directors, and Principals to enhance organizational profitability. Currently, they have become a burden. Within the Modem team, there is ongoing rivalry between the upper and lower layers, with... — read more
How has QC MST changed over the last 10 years?
As an ex employee, I was curious to hear about changes to MST. Although I am happy and content in my new role, I come across a lot of my ex colleagues looking out for roles and stuck with the same useless skills/resume when marketing themselves..this... — read more
Attendance
Is attendance checked quarterly or monthly. What are repercussion . How many notices??
RTO is causing also a loss of talent
RTO is used primarily as the attrition tactics. If rumors are true, RTO people will also be heavily impacted by layoffs under all kinds of excuses. Who is the first to go when work conditions are designed to be bad? Those who can easily find... — read more
January ByeBye List
Non compliance == ByeBye. Freudian slip confirms existence of a January list. GL everyone
Holiday Wishes
I want to wish everyone a joyous Holiday season. Spend time with your family, rest and recharge. My gift to you all is no layoffs until next year. Merry Christmas, CA
CA said “bye bye” At the AHM, and bye bye will be
Offering full remote positions and changing the policy to return to the office is unethical, and does not respect all the employees who really are working hard to make this company what it is now. I don’t want to work anymore for such a company. CA... — read more
Is January mass layoffs rumor true?
Can anyone confirm? People claim 10% headcount reduction and offshoring.
What happened in the China office?
The VP of RD was reported by his subordinates for taking kickbacks from suppliers and left. The vice president of sales was reported by colleagues for colluding with customers to take kickbacks and was investigated. Is this a rat's nest?
Got very good hike and bonus
Got 50k+ bonus.. 100k in stocks.. 7% hike for rating of 4. Finally good days for qc. Any more happy souls
Qualcomm needs to appoint a new CEO
AMD, Broadcom, NVDA, Marvell all had 3-4x gains in last 4 years while Qualcomm hasn’t even able to beat S&P500. So much AI hype, not a single customer using their AI Inference AI100 chip. Only good product launch the x elite has brought Qualcomm to a... — read more
Disaster All hands meeting
OOF! purposefully yammering on about nothing so he doesn't have to face the music on the questions.
Should we expect layoffs after disastrous investor conference?
I guess NYC boondoggle was not effective for the execs
core meeting
Qs performance review is a joke. Layoff should focus on so-called high performance ones. Those ones are nothing but more binded than low score guys. Let go those high ones like lots of principal engineers, directors and senior directors, vps are... — read more
Cost cutting 10% lay off, second week of January
That’s the Qualcomm way! Some jobs outsourcing to India.
It is all about CTO, and CEO
Our CFO is not great cause our CTO and CEO are allowing it. Our CTO has been there for so long, and company stops innovating. CEO has no vision, and he is telling what lower people are telling him. We need a vision -- proof is that our AI is... — read more
Qualcomm Hunger Games!
Share your stories
All is well!
https://www.marketwatch.com/amp/story/why-qualcomms-latest-diversification-plans-arent-enough-to-help-its-stock-dfb49ff7
Investor conference = Total Bust! Now what?
Will have to sell new snake oil
One word description of exec team
Buffoons!
Micromanaging manager
This might be my breaking point. I’ve endured everything Qualcomm has thrown at me over the last eight years, from loss of benefits to constant layoffs, but this guy is going to be the one who pushes me to quit. He has no idea what he’s doing, yet he... — read more
CFO needs to be new CEO to save QCOM
look at the housing price in San Diego. It has as high living cost as Bay Area. But consumer electronics have low margin. The only way Qualcomm can survive is to taper down SD engineering team and move more R&D to India low cost area. CA can’t do it... — read more
Layoff Planning Occurring Now
Here are the details: Notifications in January 10% overall target in NA NA employees recently classified as "offsite" in PH being reviewed and scrutinized individually, target is 50% of those Senior engineering leadership discussed too many... — read more
Promo buys you maybe a year
Basically unless you got promoted, you’re fair game as far as RIFs. I got a 3 meh…. Good luck everyone 🍀
What happened to the CIO?
Where is our CIO? Sum finance man is doing it not good for technology
Denied promotion, can’t
Joined in