We can reduce 1billion more by removing SM and CA.

Are the layoffs to be continued the upcoming week? I made for the last, so at least I could have a decent weekend.

SM and GD need to go. Abysmal stock performance and loss of industry leadership.

Has it gone up or the same ?

Be prepared to ask really really tough questions to SM. The real question is...why is he still here when 1500 people let go? When will he and CA step down and take responsibility for destroying livelihoods of people ....

While you still have a job for the next few weeks. I just started, going to take $200k out and invest it in tech stocks. Figure I can just live off that for a long time.

Just a piece of advise, if you've been affected. Max out your 401K to get max of the employers' contribution for this year. Next payroll deadline is 2nd May, so it'll show up on 11th MAY paycheck. Same for HSA.

It is so evident from this round of layoff that VP's don't care how smart engineer you are , how many patents under your name, you work 80+ hrs a week, if he/she doesn't like you, he has the power to put your name on THE LIST. No questions will be... — read more 

I am the one. Although I works no more than 1 hour everyday and try to performs as bad as I can. But still my volunteering request not get approved.. Feel really sad for those hardworking guys but get layoff this time. Hope I can get layoff next... — read more 

What a Mess! If NXP deal goes through: Too expensive a merger. Q will regret buying this costly partner. CANNOT layoff NXP employees readily due to strong rules in EU against that. Q will have to absorb the cost and therefore unprecedented layoffs... — read more 

I work for a big tech co and it's no secret that Qualcomm people are often highly egotistical and hard to work with due to "always being right." Lots of us are quietly cheering this on and look forward to it getting much worse soon. Maybe some humble... — read more 

I'm one of the people affected, and I'm thinking of starting my own thing. Is there a resource for other QCOM employees who want to try their hand at their own company? I've been reaching out to co-workers that I trust, but would like to talk to... — read more 

I think Q is doing a Blackberry. Totally lost focus and still arrogant; all the while not realizing the rest of the world is moving on............fast.

Knowing lots of good, capable , and competent people lost they jobs and he kept his likely just because his brother is the boss. Not to mention his meteoric ascension in the corporate ladder..so deserving.. CA brought the banana republic style to QC!

Stock to drop to ~$35 ( $39 is the intrinsic value today ? ) , PJ will buy with 50% premium ~$52 which is the rough intrinsic value projected and become HERO again! Thoughts , Qualcomm experts ? If the above numbers are right, Qualcomm needs to do... — read more 

Time to get someone who can drive business GROWTH instead of destroying value.

I am hearing server HC impact has been postponed till the current project finishes (around Oct/Nov). The fate will be decided by server chip customers or traction that time. If no customer then no server HC can be justified. I personally don't think... — read more 

Same as in 2015 expect the executive team to dole out smaller bonuses and less restricted stock than in prior years. This will save compensation expense on the backs of the still employed.

Cutting people and paying a severance, or killing a project gets you someway to the $1B. How much is the company saving by the smart engineers, product managers, testers, and researchers who throw in the towel because they are fed up with racism... — read more 

Are any projects being sold/spun like Vuforia? All this negative news about the guys who are either laid off, or looking for jobs in anticipation of the next cut is sad.

Stock is taking a nose dive. Someone knows something. Will Qualcomm reduce the purchase price to upper 30s?

Notified on 4/18. Termination date is in August which is the same as the exit date. But I’m expected to perform on a job that doesn’t see any value in my skillset. Leave early and most likely no package. WTF!

The people who have to stay back and work in a nepotism infested environment, where 'kissing a--' is the talent preferred over quality work; under incompetent and ambition-less leaders? Or the folks who are getting 'paid' to leave (bumped) to escape... — read more 

If the stock remains in the dumps while the board and management passed on the $82 deal.

There will be a bigger second round in July. Confirmed.

From the amphitheatres to the symphony to the ballet to UCSD's Jacobs school of engineering it has always been Qualcomm behind the success of these venued. I hate to see that the company that I love so much has fallen into this type of disarray. I... — read more 

They will sleep well in their multi-million dollar homes.

Underperforming spouses, friends, kids are the sacred cows

Qualcomm in the last few years became a company that is full of VPs and Senior Directors who are as far away from modern technology as someone starting high school. Their main job is to keep engineers below them busy with mindless tasks like filling... — read more 

That's QC policy so let's burn one down and come up with the next big thing outside of QC so they don't their grubby hands on it.

Just curious, how many of the laid off people were over 60 years old like me? So much for retirement...

I just heard some dude on medical leave dying from cancer Was laid off today.... is this for real? What kind of people would do this horrible thing?

You need Irwin to talk to President Xi through some kind of backchannel. China would want more investments of plants, maybe some concessions on royalties rate or even 6G standards. Irwin Jacobs even once said when riding on a Mercedes in Beijing... — read more 

Layoff higher paid employees in California and backfill the work by hiring lower cost workers in India, China, Singapore.

$1B / 1,500 = $666,667 per employee. If average employee made less than $667k then there are MORE LAYOFFS TO COME.

https://www.bizjournals.com/sanjose/news/2018/04/20/h1-b-visas-increase-2017-aapl-goog-intc-csco-fb.html?ana=yahoo&yptr=yahoo Cognizant Technology Solutions: 3,194 Amazon.com: 2,515 TCS: 2,312 Tech Mahindra: 2,233 Microsoft Corp.: 1,479 International... — read more