Thread regarding Qualcomm Inc. layoffs

@1gjh There are perhaps 20-50 people discussing on this forum and a maximum of 500 people (probably far less than that) more or less regularly reading this forum (you can see that from the number of thread views, which counts multiples views as well). You really think Broadcom would spend a single Cent on hiring people to try to „sway public opinion“ on a board with such a small audience? If you really believe that, then you are - to put it mildly - mentally retarded.

Same goes for OP. Wall streeters posting here? You have an extremely overinflated view of the importance of this board. Probably due to an overinflated ego, also caused by mental retardation. I think „wall streeters“ have something better to do with their time.

I really hope you two don‘t work for Q. The purpose of the company is to make money through innovative products, not to be a welfare organization for retards.

Huh... People with their eyes closed and fingers in their ears and saying lala lala. Broadcom does currently have 17 billion of loan at around 3.5%, this new 100b loan (If acquisition were to go thru) will be at 3.75-4%, so original posters whole premise is BS. Someone also said lots of brcm trolls here are Wall Street guys, seriously, you think those investors have nothing better to do then to convince folks on this forum who collectively have no more than 0.001% shares (I am being generous here).

Who the f knows if this deal will happen, but thinking that a guy, who increased his company's value from 6B to a point where he can absorb a 121b takeover, doesn't know finance... Again. sigh....just so you morons know, qualcomm total annual R&D spend is 5.5b... How the f HT will cut 10B. Enough said!!

Octane now

This place is filled with Broadcom hired trolls.

HT+JS =GTFO

ISS said the acquisition should happen, but they also said $82 was not enough. Broadcom said $82 was best and final. Hock Tan is known for not budging. All that points to the deal not happening.

@nik Actually, ISS recommended to vote for four of the Broadcom guys to open the path for a negotiated acquisition. So what ISS is actually saying is that the acquisition should go ahead, but that there is still some room in changing the offer. How exactly does that mean it is „over for Hock Tan“? It‘s actually quite the opposite.

If Hock says QCOM management does not want to pursue and he backs out QCOM stock will go to 52.

At that point investors will give QCOM 2 options either cut spend so that stock price is 67 or get acquired by AVGO

BS. Q will lay off across the board, as has already been proven by the hiring freeze. Difficult to argue against that simple proof. Broadcom will lay off people who don‘t make money for the company. Big diff.

Neither of these guys seem to talk about 5 bil. Lets conservatively say, they attempt to make 2.5 bil savings. That would mean ~4000 lost jobs. If SM tries to dodge like he did in 2015, he will be in big trouble in 6 months. Just a thought!

ISS just said to hock tan to go pound sand....they said to vote for only 4 brcm guys...qcom will still hold the majority on the board....barred any last minute surprise it is over for hock tan. He lost big time. Time to short mercilessly brcm.

excellent observation made by OP. Kudos mate.

Not for junk corporate bonds. Even if you are right,

$4.77B in cuts are bigger than $1B in cuts.

Still 4.77 times as many layoffs.

Average interest rate [APR] is between 2.24% to 4.77%.