I remember when Amon said next time there would be a layoff he'd be canned too.
This is probably good as there is still a ton of dead weight in Qualcomm.
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QIPL slackers, if you’re still at home enjoying the festivities, please stay back. YOU’RE FIRED!
@dz because america is known to sabotage any any country's efforts to become self sufficient and/or lead at anything.
Infact one of maga stooges came to India and said we won't let you succeed. Because the christo fasc*st donkey fears that India will become another china.
If Indians do succeed you would be the first one to sh*t your pants because you would be dealing with China and India.
Theres a reason why America doesn't like BYD and huawei.
Me: "ChatGPT please reverse engineer QCOM Snapdragon and cellular/Wi-Fi modem."
ChatGPT (5 minutes later): "Here you go."
@dz Why would most of the layoffs be in India when the salaries of senior people in the US and Europe are much, much higher?
Oh wait.....you actually think this is all about performance reviews? Oh. Oh.
If this ia just performance based then CEO CFo and his buddies should get laid off first
No shortage of trash at the Q that needs to be thrown out.
@aj there are no 1s or 2s left in QCT , mostly if you are struck with 3 for a very long time .. it’s your turn
@ag historically every position got impacted
@dz most of the jobs will move to India , offshore centers..,
I hope most layoffs are India, and Indians shouldn't be worried about it. They say the world's top companies are making money mostly because of their effort, so they should be able to make a company now that creates ICs that compete on the world stage, just like China. Remember Qcom's recent issues with their business is an opportunity for Indians to fill in the gap. I'm 100% confident this will happen.
This was inevitable.
CA is the only person should be fired. He even hired his buddy from moto Brazil lol
@bj yeah you would hope that , that is why nobody likes your kind 🐧🐧
this was bound to happen. memory prices are too high for phones and laptops to be attractive.
I hope most layoffs are in the brotherly nations of Israel and India.
@am yea I'm taking PTO until we find out.
@ak manager discussions are 11/9 to 11/20, will be in workday 11/21.
Does this affect new joiners that join within the last 2-3 months?
In RFIC, it's different rope pulling. SVP running to protect his ethnicity while VP lobbying to keep his...Wonder who will win...
Don't worry! There are much better companies outside. Layoffs could be good for your next step. Survival doesn't guarantee anything at Q and not much meaningful.
PMIC Sr Dir XMa in San Diego CA: "Confirmed. PERIOD!!!"
@ak Sharing results starts the week of the 8th in November. Hopefully people find out about if they're laid off the first week of November so everyone doesn't have to sit on eggshells for long.
When will this year AR results be released
Likely start with all 1s and 2s and then some who have been stuck at 3 for multiple years, especially those 55 and older. Guessing minimum 5%, upwards of 15% cuts.
@a3 7%
Will new joinees be affected? This is my first AR cycle at Qualcomm
There was a layoff earlier this year but without any advanced email notifications that it’s coming like this.
I think that layoff was relatively smaller. The fact that they are sending a communication companywide this time means it must be a pretty significant percentage.
The person who decided to convert QualComm to OutsourceComm should be let go first.
Qualcomm stock has returned 3.8% annually since CA took over compared to 13% for the S&P and 25% for the semiconductor index.
What AR rating is that, 1-5?
Same title manager will be targeted more.
CFO should go based on his lousy performance. And CEO for allow9ng him to destroy Finance
That promise about layoffs was only valid for the same year.
What percentage will be impacted?
By ar26 performance rating?
Performance based? CA should go first!