Max out your 401k if on the list or volunteering. Increase the election amount so that u get full matched amount from qc.
Notified today, QCT SD, 60daynotice
Was told today that my name was on the list. Feeling extremely gutted and sad, terrible. Not BSing. It’s the truth. 8 years at Qualcomm. Good luck guys. Not sure whether they’ll just pay us till Severance date and ask us not to come in or otherwise... — read more
April 12?
I heard
Will WARN be applicable to all offices in CA
Will WARN be applicable to all offices in CA even if the layoffs on my office site is less than 50. Is it per office site or all offices across the state
Q is rotten from the inside.
Having worked at Q for 20 years , it's sad to watch what has happened to a once great company. The indicators were there for everyone to see. HR used to hype the Top 100 places to work at list, then we fell off. No one seemed to care and blamed it on... — read more
San Diego to be hit hard
I'm hearing BIG humongous layoff. Say 10 to 15% tilted towards San Diego employees. Mid April plus warn notice of 60 days gets all charges in Q3 and the employees off the books before the end of the quarter. It will be a terrible day for the formerly... — read more
How Qualcomm shares dropped 15 percent in a month
Shares of Qualcomm fell 14.8% in March 2018, according to data from S&P Global Market Intelligence. It was a rocky month with dramatic turns in two different buyout deals involving Qualcomm... — read more
H1B, L1Bs and all other work visas should not be approved if a company layoffs Americans
Support those politicians who put Americans first!
Promoted in November and now will be laid off in april
Promoted in November and now will be laid off in april. Apparently I made the list . At least will get 4 extra weeks of severance
april 18 layoffs
bracing for layoffs with my h1b extension still in process. if i am on the list wat happens with the petition. Current visa expiring in 3rd week of june
QCA numbers
Any information about QCA San Diego layoff?
Is Qualcomm a buy?
This company has so much drama it’s hard to keep up. Not exactly a stellar opinion piece from financial media....
Real Dates
Over 60 here and a volunteer. Just got confirmation this afternoon, April 18th is my notification date, May 23rd is my termination date.
Transferring to Q in India? Is that an option?
I'm on a H1B visa and fearing I might be impacted. If I can't get a job within 30 days (if I'm notified), I'll have to move back to India, hence thinking about all my options. Moving itself is a lot of work - I'll have to sell my house, look for... — read more
Taking the week off from worrying
I've decided to take this week off from worrying about layoffs. The closest day according to rumors (unconfirmed at that) is April 18, and I'm so tired of being constantly in a knot that I have decided to pop a Xanax and relax for the rest of the... — read more
Has QCOM hit the panic button?
CEO / CFO ideas: Buy large company Increase dividends Cut costs by laying off best and brightest employees MESSAGE = our core business isn't growing like we promised a couple of years ago, and royalties have peaked.
Problem identified
Super chickens..SVPs and super execs go meeting to meetings talking with same set of people ..Margaret Hefferman calls them super chickens..
Share-It here.
Let rate the management CEO/BOD/your dept. head/your manager 0/0/0/5
Over 50
It won’t be as easy for me. Any tips?
Accepting Offer from Academia vs Staying at Q
I am a recent graduate/hire and have multiple offers from Academia. I am still wondering whether I should just leave Q and switch to Academia. Can somebody (with possibly more life experience) tell me the pros and cons of such a decision from their... — read more
I took the package, now take my package
Dipping my toes in this trunk lunch deal that seems too good to be true, look at all of them driving Benz!! I put my name on the list and got the package, now try my lunch package special. 1.5 rolled tacos and 1/4 bean burritos from my trunk in the... — read more
Is Intel a better place to go after Q
I have offer from Intel, but going to work with same old Q guys. In past, i felt very uncomfortable working with those PEs, but given current situation in Q, not sure about i can wait some more time for good one or not...honest feedback please.
April 18 is a rumor
Some one asked some one what’s the last date. He said april 18. The other some one got excited. The first some one was about to clarify that he told the last day to file taxes. But the other person ran away in excitement. This is how the April 18... — read more
Climate Survey and Management mal-practices/corruption..
Read this post titled "The so-called Climate Survey" from Qualcomm's board to learn how your new HR operates ... If HR had any concern about the current degenerate and rotten culture at Qualcomm, they would have started by cleaning up their own... — read more
I was verbally offered when I interned at Qualcomm last summer.
I am graduating in May. Will the hiring freeze resolve by May or all the outstanding offers will be cancelled due to layoffs?
April 18 layoff notices
April 18th. 1st day of new layoff notices go out. Will be interesting to see when the Union Tribune is notified of the upcoming layoffs. More jobs being outsourced offshore. Sad to see a 'truly' American corporation outsourcing their labor costs... — read more
Give us a seat at the table
In all honesty, considering how increasingly screwed we get with every new decision made by Qualcomm lately, this sounds like a perfect idea... — read more
4/19...
...is the date layoffs will be communicated CONFIRMED. anyone who comments lies below owes me one month salary from their package when I'm proven right.
Will trade war kill our NXP buyout chances?
What are the chances we'll still be able to acquire NXP with the full out trade war being pretty much a guarantee right now? We need that deal more than ever right now, and I'm starting to worry that our chances of actually having it go through are... — read more
Stock tanking
It’ll go down to the 40’s by next week. So much for the “Broadcom offer price grossly undervalues Qualcomm”
QCOM : rumor mongers ?
This board is very active....Broadcom board gets messages only occasionally. It may mean they are working hard and QCOM guys gossiping ?
April 18 is the day
Is this true?
Bloomberg:Tim Cook will be deposed in Qcom suit
• Apple (NASDAQ:AAPL) CEO Tim Cook will be deposed on June 27 in the Qualcomm (NASDAQ:QCOM) lawsuit, according to Bloomberg. • The suit accuses Apple of “lying to regulators in order to spur investigations of Qualcomm. Apple had filed complaint over... — read more
Real question
When asked in an interview “why are you looking for a new job?” Is it acceptable to say that large layoffs are coming as I recently received an invitation to voluntarily layoff? How should I manage this type of the question? Thank you
Do Not Disturb - Streaming Masters Tournament Today
Tiger tees off in 30 minutes.
Good Luck today Everyone! CorpIT
First round today. Anyone under MG watch for odd meetings showing up on your calendar this morning.