It's funny that leaderships claimed that layoff is performance based.
I think, the moment that was announced, the performance review process would have become compromised.
Review result decides the victims, so do you honestly think managers only judge based on actual performance? That's so funny.
@qr totally agree with you. That guy needs to be let go first. He's anyway made millions even with under performing. I wish the board would see that.
It needs to start at the top. That is where decisions on projects, geos, industry strategy, etc... all begins. Without holding CA accountable, all they are doing is kicking the can down the road for an inevitable collapse or sale. Teams are motivated by their leaders. His comments basically threw everyone under the bus. Who would want to work for someone like that? I can only see things deteriorating going forward. Good Luck to all.
Just wonder if people who to let go get bonus and stock in December? Is there any volunteer opportunities?
Cant agree more about projects being in 3 time zones. Its a mess and it takes more time. Unfortunately i think management will decide to move everything to the nndia time zone. Good luck with what comes out when nndia is in control.
@dm It seems to me that Wall Street values success much more highly than layoffs. Layoffs might give a mild stock bump at best, but they also signal that the company is in trouble.
By saying layoffs are performance based, Qcom is doubly pleasing Wallstreet: they love layoffs and they'll love the layoffs even more knowing it's cutting inefficiency. Whether the layoffs are actually performance based is not irrelevant after announcement.
@bn although nobody can tell for sure, what about Principals? And I agree with some of the comments below. What a ridiculously managed company! I have no qualms in admitting, there is more flab at the top than the bottom, Principals included!! And thats whats giving me shaky feet.
@bg Sr, staff, Sr staff will keep getting hammered bcz they refuse to act strategically. If you want to punish VPs, do sluggish work and leave bugs in Silicon, while keep prepping for transition to new role at new place. Then leave when Solicon comes back and bo-m you costed them $$ and thier job too
Why sr director and above are safe? Do they always get to choose who to let go? That's why this company has been top heavy and short habded at execution level. Not fair.
@ab yes, they knew a while ago
at director or sr.director level was there awareness of this coming at time of reviews before ratings/promotions were decided?
Review scores should have finalized two weeks ago.
"Performance" is not really an objective measure, and is heavily impacted by how management decides to distribute work. On our team, instead of having work for a particular feature spread across the local team, every person on the local team is working on a different feature. Then, the partners for these features are in different timezones.
This destroys performance so badly that it genuinely depresses me. A number of years back the work was more carefully and logically distributed across the geos, and getting things done was so much more efficient.
With today's project organization, 5 minute tasks become 24 or 48 hour tasks. It's ridiculous.
They should have announced it after review result is fixed and delivered. This company has no common sense.