1B in EU fines, 1B in promised cost savings, how are we going to see 2B in total savings? That points to a layoff of 5,000+ unless there is a new magical source of revenue.
how is $70 a share "undervalued" ??????? Look at what it was trading at pre Broadcom offer. There is no confidence in
Qualcomm being able to "increase shareholder value'" in the future .Look at the roadmap does it look good to you??????? One disaster after another in the news each day.
QCOM 67.62 -0.72 (-1.05%) Pre-Market: 8:40AM EST
$70 looking good
One step forward, two steps back
So the board comes up with a program to save $1B, which is touted as the greatest thing for investors since the invention of sliced bread, and now we‘re going to lose $2B, which I am certain will delight investors as well. Great, just great.
Should Broadcom lower their offer now?
In two days, after QCOM stock has dropped 5-10% thanks to the $2B fine, the Broadcom offer will look even more golden. Apple has done a great job of continuously putting pressure on the QCOM stock to give their favorite supplier Broadcom a leg up... — read more
Emergency Measure to Finance EU Fine
Some drastic measures are coming to town folks. Know a few folks in senior management... Long story short, soon you director will request you to take a 3-6 months unpaid leave of absence (personal) while actually working for Q in exchange for an RSU... — read more
Qualcomm facing potential $2B EU fine over Apple
EU antitrust regulators will sanction Qualcomm (NASDAQ:QCOM) for hurting competition by paying Apple (NASDAQ:AAPL) to use its chips exclusively, according to FT. Up to 2 billion fine - announcement could come as early as tomorrow... — read more
plagiarism
[pley-juh-riz-uh m, -jee-uh-riz-] noun an act or instance of using or closely imitating the language and thoughts of another author without authorization and the representation of that author's work as one's own, as by not crediting the original... — read more
Watch the video of our leaders
https://www.qcomvalue.com/ I think they are doing an OK job as board members. Tend to keep all the money for the higher up management, but Broadcom will be worse. More layoffs if Broadcom takes over.
$1billiin reduction means about 35% lay off.
That’s how my VP told me. Sounds right?
This is your last chance
After this there is no turning back. You vote the white card and the story ends. The stock drops and you’re RIF’d. You vote the blue card, you stay in wonderland. Octane takes over and you’re RIF’d.
I resigned today
That's it folks, after 11 years I finally did it. I feel relieved - I got a job at a very small company here in the neighborhood, I hope the stress level will be small as well. Good luck to all of you.
1B cost reduction
What a generous new year gift to shareholders!
2018 will be an awesome year!
Don’t worry guys. Nothing but awesome things ahead for Qualcomm. We have overcome many challenges since 2015 but we are winning! We have the best technology, best people, and the most awesome leadership! 2018 will be the year of many victories! We... — read more
Apple creating 20K jobs
https://www.apple.com/newsroom/2018/01/apple-accelerates-us-investment-and-job-creation/ So Apple announces that they will create 20K jobs in the US over the next 5 years. And Q announces it will cut 1B in cost over the next 2 years. hmm...does it... — read more
Cost cutting ideas
I believe Q can cut costs very easily using any of the following: Change comp so that everybody is paid minimum wage as cash salary and the rest is paid out in RSU. Fair P/E for Q is around 10 so there are significant saving opportunities there... — read more
Attrition update
How do things look in your team so far after the last bonus pay period?
A lot of Ignorance on this site.You do realize the stock is where its at today BECAUSE of the Broadcomm offer.
It will fall right back to the 50's where it was pre merger announcement.A lot of people think it is where is at on its own merits. Wake Up .
Anybody really surprised by the latest news?
Seriously, did anybody really think that Qualcomm would find a better way to attempt to fend off Broadcom other than layoffs? And before somebody says that it's not certain $1 billion cost cuts will include layoffs, well, grow up. It's only a matter... — read more
CES 2018 for Qualcomm
https://www.qualcomm.com/news/onq/2018/01/09/ces-2018-3-things-watch
AWESOME VIDEO GUYS !!!!
I'll put my net worth in qcom and sit and relax while PE achieves a reasonable multiple as georgie said. WOOWHO!!!!
Confirmed News !! Ignore at your own peril
The VPs and Directors have somehow managed to save their big fat a$$es in the recently announced $1B cost cutting plan. Every VP was given a target of cutting 25% in his or her (mentioning 'her' for all feminists out here so that I don't get sued for... — read more
middle finger raised at Broadcomm LOL
why give Broadcomm $50B in cash from nxp fail? repatriate oversea cash and only pay 15% instead of 35% tax. thank-you eurotrash and china for dragging out nxp approval. Brilliant move Qualcomm senior management! Dilly Dilly!
Forget Hock Tan Qualcomm is now the threat to the employees with their ONE BILLION dollar cost cutting announced this morning.
so the way i see it.Take your pick.Have Mr Tan show you the door or Qualcomm itself show you your way out.
$1 billion cost reduction means layoff?
CEO meantioned 1 billion dollars cost reduction in letter today in effort to boost stock price. Details not elaborated. layoff is possible?
Possibility of Intel buying Qualcomm
Nice fit and complimentary to Intel products
NASDAQ CONGRATULATES CA!!!!
https://twitter.com/Qualcomm/status/953048943658549248?s=17 "It's not everyday you see your name up in @NASDAQ lights, but @cristianoamon as Qualcomm's new president IS pretty news-worthy" #CA4CEO
List of 50 best San Diego employers in the UT
Qualcomm not on it.
Why Qcom does not observe MLK day?
I wonder why
What should be salary of a staff engineer in the modem system team? How about yearly bonus and RSU?
Would appreciate your input! thanks.