I see appropriate, as the process was presented as bottom-up and really thought through already, that for each major group the SrVP/VP would organize ASAP an all-hands for their groups to show 1) he doen't know anything else than what was already... — read more
How Qualcomm gets rid of some people. PIP and conspiracy.
I believe QC conspires against employees they want to get rid of for any BS reason. It has been done to me and others I know personally. There are two methods they use. One to get rid of managers (like Directors). One to get rid of worker bees. If... — read more
So is it true that Apple doesn't pay royalty only, for the modem chip?
That's what people are telling me in the know. That Apple had negotiated a deal with Q that there is virtually no royalty payments, only modem sales cost. If so, the more Apple takes marketshare away from android, the worse things get.
QC lay-off: Many people started calling realtors
So that they can sell their home before price go-down.
Compensation hit for those not laid off
This topic hasn't been discussed here yet. The changes in insurance will mean 4-5k less total compensation for all of us already. Now with the RSU cuts that are coming to save 300million a year, total compensation will be cut by 5-30+k depending on... — read more
$300 Mil. stock based compensation reduction explained,
You will get laid off before Nov 20. Not only will you loose the last 1 year of vesting, but you will also loose all your other unvested RSUs in the 3 year pipeline. $300 Mil saved, cashing! Some creative accounting, I must admit.
Looks like low performer will go first but how the hell you will decide who is low performer when the review system is so bad.
when the criteria is to give 3, 3, 3.5, 3.5, 4, 4 and 4.5 and then go back to 3 after promotion? of course with slight variation based on the position (lower position get promoted fast and have accelerated rating), personal preference/grudge... — read more
Are SM, PJ, and the board of directors complicit or incompetent? Either way, FIRE THEM.
SM, PJ, and the rest of the board just gave themselves $100 million in stock grants this January. You can't tell me that they didn't see this coming. They didn't see the problems with the Crapdragon 810, the risks with Samsung, and the fact that... — read more
anybody who bought real estate in carmel valley in the last 6 months is f***ed and really stupid considering
this was on the table months ago
Is Qualcomm in the midst of a hostile takeover?
So we have minority shareholders JANA pushing for QCOM split, which will definitely mark the beginning of the end. The executives bend over backwards to appease JANA with layoffs + share buybacks + having executives handpicked by JANA sit on the... — read more
Remember guys when the consultants come to evaluate you
this is how one should conduct themselves during the interview: https://www.youtube.com/watch?v=_iiOEQOtBlQ
I don't know what is more worse
I don't know what is worse: 1) the Oakland RAIDERS coming into Qualcomm stadium and their fans infiltrating seats from the local fans or 2) the Corporate RAIDERS coming into Qualcomm board room and in infiltrating seats from other board members
Hired last month, still alive.
Today I got an email from my manager that I'm safe however 3 engineers i work with will be terminated unless they can find a new group. I feel kind of guilty. One of them is a 16 year veteran and one of the smartest people I've ever met.
Gimbalol
hahahah i just remembered another shitty Qualcomm venture that died on the vine. Gimbal, oh my i'm laffen. Another in the long list of multi-million dollar wastes of time.
Document your accomplishment. They are going to PIP you out.
Qualcomm has been thriving on importing and abusing low-cost H1-B workers as replacement for their older age workers. If they "layoff" employees, they wouldn't legally be able to get new H1-B workers in the future because they wouldn't be able to... — read more
Early Review - how n what
Are there changes/tweaks to this early review cycle? Did managers receive any new/special guidelines?
Interesting article on down/right sizing odds of success. http://iveybusinessjournal.com/publication/downsizing-isnt-what-its-cracked-up-to-be/
Worth a short read.... http://iveybusinessjournal.com/publication/downsizing-isnt-what-its-cracked-up-to-be/
Confirmed: JANA Partners just gave Qualcomm management a performance rating of 2 on a scale from 1 to 7, which means PIP.
I am wondering how will a PIPed team do as being in charge with restructuring.
Parking lot sale
You might put for sale signs on your cars for those of us Americans in the market to buy. Also, some community organizer type should start a lunch time daily parking lot trunk sale at the open lot building N. Party in the parking lot at least.
If someone is spared in this round of layoff, what should be his strategy?
Is there any point in trying work hard and hope this will never happen to you?or it's just the delaying the eventual and eventually most of us in QCT SD will be let go sooner or later?
How does the rating thing work?
I got a very good rating the review before the last one (actually the highest one there) when I got promoted. Last review I got promoted and got a 3. Would they be still considering me for layoff or do they have a procedure to think about people who... — read more
Qualcomm Chennai IP Team
There is no transparency in the team. Manager is worst and he is not capable, playing all internal politics to safe guard his own position and his friend's position in the team.
Qualcomm the next patent troll??
http://www.valuewalk.com/2015/07/qualcomm-jana-partners/
I'm opening a car wash, and need workers to wash cars. I will sponsor your H1-B
And don't worry about healthcare, Obama's got you covered there.....
If you are on an H1-B, the other thing you can do is.
Join one of those outsourcing companies like WiPro, Tata, or Infosys. They'll sponsor your H1-B in return for you taking a compensation hit of 1/2 of what you wre previously making.....You know, because those shady companies do just that to try to... — read more
Go Home Foreigners. There are no more jobs for you
The U.S. job market is saturated, U.S. companies are in decline. Go home. Go back where there's more opportunity.
Yes, you will get screwed out of your RSUs/Options, ESPP vest date,etc...
A lot of you are naively wondering why all this is going to happen so close to the next RSU vest date. If you think this is a coincidence, Lol.....If Qualcomm was "decent", if you do get terminated, they would let you burn through your accrued... — read more
H1-B folks....If you are afraid of losing your Visa, you have three options of what you can do.
Option 1: Look for another employer that will sponsor you. Go to the bay area, if you must or anywhere (you don't need to start over). Option 2: Marry someone here that has a U.S. Citizenship. Option 3: Take a flight into Mexico, then pay $3000 or so... — read more
It doesn't matter who you are
It doesn't matter who you are , all you slackers here need to GTFO Qualcomm. Go work on your resume rather than complaining here. Reading posts here won't get you anythin in life . Why I am Here ? Just curious how my ex employer and co workers are... — read more
Carly Fiorina can save Qualcomm!
LOL! Chumps!
It's really funny and I can't believe it about the working model in Taiwan CE connectivity team!
Check this link below, how FxCK it is. I could be a director as well. https://www.thelayoff.com/qualcomm/post/5445875451035648#post
20,000 messages, 10 page shares
We are a self centered bunch, aren't we. Oh, QC...