We are: Buying Nortel Our future ex wife lives there Nuff said
Qualcomm Gulfstream G650 Departing Montreal !
https://youtu.be/qEPGAnuRMC4
Contracters in San Jose - Qual Atheros
I am a contractor and when lay offs happen, will contractors be the first ones to go? Also, if contractors are laid off, will it be by department wise contractor lay off? or all contractors across all BU's are treated the same and will be let go off?... — read more
All will be in coming week only.
All notifications will be given in coming week. 60 days prior to vesting date. Reduction and restructure across globe, all offices. Not performance but all on business need basis.
Similarity between BRCM and Valeant
Strategy of both the companies is to buy companies, raise the price of existing products and slash the R&D. This increases the stock price in short term but in the long term only way to grow is to buy other company. This turns out badly when there... — read more
How many jets are really there?
https://corporatejetinvestor.com/articles/qualcomm-takes-delivery-of-second-g650-147/
GD should be fired and replaced
Worthless CFO GD needs to be fired asap. A lot of the corruption started when he came on-board. Needless spending of new corporate jets when people were being layed off in 2015. There is still a flight crew and pilots that are in his reporting chain.
Will San Jose office be shut down?
Too much politics and nepotism in product management, engineering, PEs, research group, program management.
Will Data Center Group get shut down?
Must be losing millions in the hundreds. Is product even close to competing?
Let’s Talk About Apple
What is the best possible outcome (for Apple) of this Qualcomm / Broadcom / Intel saga? Status quo? Intel wins everything? Prolonged drama that distracts everyone except Apple? What are your thoughts?
Wills of capital
BlackRock/Vanguard are top 2 institutional holders of Qcom stock. No surprisingly they are 2nd and 3rd largest holders of BRCM. BRCM's acquisition of Qcom is the will of capital and unstoppable from naysayers such as Cfius. Redomiciling to US is... — read more
Logical Thinking is better than conjecture
CA said there would be lay offs. First the temps/contractors will go, followed by the re-orgs we are seeing now. Some jobs will be transitioned to QIPL, especially if there are redundancies. This will condense the workforce, and provide a certain... — read more
Which groups are highly political and toxic?
Which groups are highly political and toxic?
Layoffs begin 3rd week of May
Not BS. Confirmed news. Heard from a VP in SD today. And yes, it would be mostly principal and above. Looks like they’ll be nice enough to allow the RSU vesting then.
SAN JAY
UT says he resigned CEO role. He lives in SAN. Jacobs Jr replaced today. What happens on Monday?
Sanjay's back?
During the 2008 subprime crash, Sanjay predicted that nothing would affect Q when in fact he was proved wrong. Sanjay has helped nurture the arrogance that became a hallmark of Q executives. This time of dominance is long gone and will never come... — read more
Layoff is starting from top to bottom
The rumor that Principal and above will be affected most seems to be true, as we are seeing layoff starting from the top in the last few days.
Intel to bid for Broadcom
https://www.wsj.com/articles/intel-considers-possible-bid-for-broadcom-1520633986
Let Me Get This Straight
Intel considering buying Broadcom who is trying to buy Qualcomm who is in process of buying NXPI. Seems Intel will inherit the earth.
Hold my beer while I refill my popcorn
Intel is considering strapping a saddle to Qualcomm's backside and riding them around along with Broadcom. Let's see who lasts longer - Qualcomm won't be to go crying to CFIUS over Intel buying us out. QC is done for one way or the other. Thanks... — read more
Let's give SM and PJ their merit review
I'm giving Steve a 2 with a strong message and Paul a 1 with an immediate PIP.
Good or bad?
Anybody else feels like we just went out of the frying pen into the fire?
So today's layoff is it?
After today, it's all over or what?
Board Changes (as announced today)
Board Changes: Jeffrey Henderson named the Non-Executive Chairman Paul Jacobs will continue to be on the Board; his Executive Chairman Role has been Discontinued Tom Horton will continue as Lead Director
Is Sanjay coming back
https://www.bizjournals.com/albany/news/2018/03/09/globalfoundries-names-new-ceo-general-manager.html
who is Jeffrey W. Henderson
Seems to have finance background. Now lets understand the bottom line !!! http://www.fibrogen.com/person/jeffrey-w-henderson Let's be honest, has Qualcomm cooked books and/or mis-represented any financial data in last 5 years ?
Layoff # and Sev pak
Is this still going to be ~4k and reduced package ? Anyone already got the package ? please chime in,.
Will HR folks layoffed ?
Any insights, concerned as its very quiet here. How is AVGO HR ?
RT gone, PJ almost gone..who is next ?
Well, PJ is not really gone. He is still on board. This change means actually nothing more than a show !! Perhaps he is positioning himself as next CEO and negotiating. Who knows, this is one way he can keep Jacobs legacy alive for some more time and... — read more
Oh, this is priceless
"Broadcom has promised not to sell critical national security assets to foreign buyers if its deal to buy chipmaker Qualcomm is approved." In other news, sharks promised they would not bite swimmers if they swim in shark infested waters and bank... — read more
This really says it all
He leaves, shares jump. Shares of Qualcomm Inc. QCOM, +0.81% are up 0.8% in Friday morning trading after the company announced that Paul Jacobs would be stepping down as executive chairman... — read more
Paul’s gone as Chairman
I guess that’s it. They put an MBA in place and priority is clear: maximize shareholder value. No longer foster innovation, help the San Diego community, ensure employee satisfaction, show corporate social responsibility, etc.
When is it enough?
Qualcomm should not under any circumstances be sold to Broadcom. How many of our own companies were sold to foreigners for simple greed? How many of our IP/ITs can we afford to lose before we are rendered completely irrelevant? Not to mention that in... — read more
NXP deal more and more delayed.... it won't happen
still pending china approval. Trump's steel tariff plan hits China. Why would China approve? Secondly, 10.5% of shares are tendered of 70%. even with the increased bid it does not go fast.
Can QC keep promise?
https://www.fool.com/investing/2018/01/29/did-qualcomm-inc-make-a-promise-it-cant-keep.aspx
Qualcomm Increases Quarterly Dividend by 9 Percent
https://www.prnewswire.com/news-releases/qualcomm-increases-quarterly-dividend-by-9-percent-300611189.html
SM and CA have mercy of people that don't make 20M/year and offer your resignation!
we have families and kids!