Thread regarding Qualcomm Inc. layoffs

Jana's Rosenstein speaks again

http://blogs.barrons.com/stockstowatchtoday/2015/05/04/live-from-sohn-jana-defends-activism-qualcomm/

"Qualcomm has doubled headcount, contributing to a bloated cost structure, while R&D hasn’t been well managed, the board is over-tenured, and insiders have been selling. As a result, margins are well below previous peaks.

So Jana has recommended that company reduce costs, improve disclosures, get new members onto the board and accelerate capital return to boost long-term value creation. Some of these steps have already been taken. Qualcomm has already begun a cost review, but more can be done."

by
| 791 views | | 4 replies (last May 8, 2015) | Reply
Post ID: @OP+BlTQUSS

4 replies (most recent on top)

Too little, too late.

by
| | Reply
Post ID: @3urV+BlTQUSS

That moment when the activist investor puts the board of directors on a PIP

by
| | Reply
Post ID: @U8I+BlTQUSS

he says "bloated", we say "synergies". tomato, tomahto, potato, potahto, let's spin the whole thing off!

by
| | Reply
Post ID: @9IQ+BlTQUSS

More power to him. He is right on all accounts and its about time someone spoke up for the shareholders.

by
| | Reply
Post ID: @QtE+BlTQUSS

Post a reply

: