People are usually bemoaning layoffs of older employees who have experience and knowledge, but that's not Qualcomm's only issue. Did anybody else notice how hard it is for us to retain young talent lately? Our turnover is really high, and it's mostly... — read more
Layoffs of upper levels
The layoffs are actually going to happen and this one is going to be larger than 2015. The target is mainly positions with titles of Sr. Staff and higher. The simple fact is that the company is far too loaded with more Directors and Sr. Directors... — read more
Volunteers For Separation Package Will Not Be Eligiblessed For Unemployment Benefits
I was just informed of this lovely tidbit of information. Have a great day.
temporarily suspending hiring at my mobile software company on Sorrento Valley
As someone trying to file 4 mobile software engineer positions in Sorrento Valley for AI related work, I have to say...I can't wait to see more talent seeking new opportunities. have no luck with filling 4 positions, I ha EA temporarily suspended... — read more
Qualcomm must like lawsuits
How many lawsuits are coming after this round of layoffs? Does CA know what Directors have been up to? “Biz Travel”? Promos for “friends.” An indiscreet protégée bragging all the time up and down the hallways. I left with a clean conscience. I made a... — read more
Layoffs cancelled
Broadcom deal fell through, everything is back to normal. All the status collectors can go on resting & vesting.
Qualcomm the Titanic
Like many other big successful and arrogant tech companies that imploded in the past, Q will die a slow death. There will be many rounds of cost reductions, geoshifting, pivoting. Sooner or later Q will be split into multiple companies and sold off... — read more
Repercussions of volunteering
Long time lurker, first time poster here. Didn't receive the "volunteers wanted" email (in key group for 5G success), however I am seriously considering it due to attractive package and a personal situation. I am however worried about the possible... — read more
Where is the on-campus security robot?
Haven't seen it for a long while
If I put CE engineer on resume, will get job elsewhere ?
Many says if you stayed in CE for more than 3 yrs, your career is done. I would like to know if there people who stayed in CE for more than 3 yrs and able to get real job outside ? How hard was it?
Thanks you for saving our jobs SM!
Nothing will happen to SM. SM saved our jobs. We are board directors and grateful to him. Thank God he called the President in Jan to save us. He is brilliant mind and better than any chess player or engineer. Now we are back to work oops free... — read more
CDC must seriously review their org and quality MGMT or execution
CDC must seriously review their org in terms of their direct reportees real contribution Most of the senior/principal staff passes down their work just by attending few calls Actual work is passed to first level, first pass it on to second level etc... — read more
500 directors/vps, 7000 program managers/project managers/product managers.
What are they "managing"? It has "inept" written from top to bottom.
Coming steps
From a credible source Layoffs will be in range of 20percent April 12 will be announcement and meetings with directors and VP. It will happen then. Sr. Staff who does work of Sr. Engineer will be out. CRD will be absorbed into QCT, anyone who has not... — read more
Being a high performer will not save you
If you are a low performer and at or past retirement age, then two strikes against you. If you are a high performer and at or past retirement age, you are likely to be bypassed for a headcount reduction, as I have been for several years. You poster... — read more
George, please take note of what happened at GE if NXP doesn't happen.
http://money.cnn.com/2018/03/23/investing/ge-share-buybacks-immelt/index.html Share buybacks over the last two years have left the company desperate and the stock has tanked anyway. At least do the right thing and pay back the debt before any share... — read more
I think you folks should organize a walk out...
make it easier for QC management to figure who to layoff so the stock price can go back up.... QC = big bloated company with a lot of arrogant talent that can't code their way out of a wet paper bag. good riddance.
We don't need the NXP deal
I say backout from the overpriced NXP deal, pay the penalty. Thanks to the tax bill, bring the offshore cash, and pay hefty one time dividend. Stock goes to 70. Stock holders are nothing but stupid a herd of sheep. They will forget the billion dollar... — read more
Who do you think built this company?
I'm so tired of posts saying to s--- it up, that Qualcomm doesn't owe us anything, it's just business... Well you know what, Qualcomm does owe us! And it owes us a lot! We are the ones who built this company up from nothing to one of the most... — read more
The business model is closed to fail
This is the biggest problem. All other complaints on this board are just ripples of this big failure. When the company going uphill, the internal conflicts can be suppressed. After the business model fails, the struggle for the shrinking resources... — read more
Sales to take huge cut!
Sales is set to take a huge cut, up to 40% from SD and Europe. High titles, non producers targeted and IOT targets.
Post by id "QCT HR" deleted ?
QCT HR, can you please repost your message. Read it last night, which seems to have been kicked out today.
Employees should organize a protest
Everyone should work from home this Wednesday to protest! The executive management has done nothing in 4 years. Now a 2nd big RIF and they are avoiding responsibility for everything. How did they not lose their jobs on Friday at the shareholder... — read more
The layoff is scheduled for May... Two stages......
I was over at the dental office in UTC (of all places, lol) and overheard in the booth next to me, the guy (forgot his name) is responsible for coordinating the QC layoff. It is supposedly going to start in May in two stages, with the majority from... — read more
50% of CE operation might move to qipl
Heard this from a very credible source.
Broadcom is out, who is in?
Before the Broadcom deal was killed, there were dozen or so names floated around as possible interested parties in acquiring Qualcomm. Did all of that die once Broadcom withdrew its offer? Or is there still a threat of somebody pouncing on while we... — read more
Steve Mollenkopf Characteristics
SM has caused excessive Return Loss on shareholders’ investments. They’ve GAINed nothing. At a time when their investments should have been amplified they faced insertion loss. The company has become unconditionally unstable. SM should have been... — read more
IPS
Who needs 4 effin' directors/sr directors in program management group where there are only 9 of them in the department...they all do the same crap..
Weekly Layoff Forecast
Monday - An a.m. intermittent layoffs in buildings AY and T. Tuesday - moderate layoffs with probability of major layoffs in the afternoon. Wednesday - severe layoffs in Q and WT, remaining employees will be demoted or suspended. Thursday - plenty of... — read more
How can we even be sure layoffs are coming?
Seriously, so many things have happened and changed in the past several months, that I'm no longer sure we can trust anything that was said, announced or implied before this whole mess started (or even during it.) I'm determined not to worry anymore... — read more
Can it still happen?
This might be a stupid question, but I was wondering if Broadcom can once again make a move on Qualcomm once it is done with incorporating in the US? If I'm not mistaken, that'll clear the main hurdle the company had in acquiring us, so what's to... — read more
Algorithm to fire non performers
Uninstall excel and outlook Watch people go about their work Fire status collectors filling excel sheets and sending “What’s the status emails”
what's really unprecedented today
is the level of shamelessness, anything else?
Layoff is only for tge volunteer
Layoff is only for those who volunteered. They just want to carry with the happy employees.
Summer internships
Will cost-cutting and hiring freeze also affect summer internships? When do you thing hiring freeze is going to get resolved for interns and full-time? Thanks!
Happy Qualcomm Intact
white proxy prevailed over blue proxy. Great days ahead. Wait till 2020. Perfect vision.