Workers are forced to fight desperately just to get their contributions noticed. Many software companies have started firing anyone who gets a rating of 3 two years in a row. Now, this trend is creeping into the chip design industry. It is a highly risky gamble to deprioritize precision and functional correctness in hardware design, especially when a single mistake costs millions of dollars.
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I am curious to see how performance reviews will look like. In Qualcomm reviews depend on people you worked with last review cycle. So the persons reviewing you knows the worse reviews they give to their peers a.k.a you, the more chance they have to survive. Same with your manager.
Outsourcing to other countries and opening 3 huge development centers in Asian country does not help the innovation. You can cut expenses but that culture and innovation is missing there ! Hiring in USA is definitely biased. Even many Asians don’t like it.
Broadcom eating your lunch all these years and Apple (designed their own chips) have definitely affected Qualcomm revenues. 5G was suppose to make Qualcomm rich but it was just a mirage.
Guys who are working hard. Dont give up ! Fire the CEO first and many top layer well connected gangs in the company.
Hunger game layoffs have actually been going on for a number of years, and not just by Qcom. I was forcibly retired in one of those layoffs. Despite the rhetoric (over-hired during the pandemic, shifting to AI, etc), the continual layoffs seems more like floundering to me. Really glad I don't have to worry about it anymore. My sincere sympathies to those who do.
Q is a late stage services company masquerading as a technology leader.
The beatings will continue until morale improves...
Are people actually so naive as to think this is about performance/merit as opposed to numbers?
The board needs money to pay management bonuses. So relax and enjoy!