They just drink kool aid of new buzz words and reposition Quaclomm as a benefactore. CA jumped Meta bandwagon when MZ went all in on Metaverse. He’s been selling the whole edge/on Device AI BS for years now and market clearly gives no fu--s. Abt time AAPL is going to show door. SS is losing market share than AAPL is gaining it. Dont even get me started on that useless AI1000 chip we have been building for decades now. Our leadership is incompetent and have no clue on how to grow businesses beyond smartphone. And they are not inclined to hire actual AI engg/biz talent from big tech to grow the business. Nuvia..their leadership will depart as soon as their contractual obligations end..and we somehow think by making our CPU performance better consumers will buy Snapdragon Laptops/Smartphones instead of Macs/iPhones…yeah right !!
9 replies (most recent on top)
Looking for another job.
They almost didn't talk about the layoffs, they should've recognized their own mistakes. Also, layoff to reduce cost but increase the dividends to reward the shareholders at the same time. What a contradiction!
So now you know, you saw it first hand. Clowns to the left of me, jokers to the right, here we are stuck in Qualcomm with incompetent management. What a joke! Their only remaining startegy is HC and cost reduction; leave if you can.
Less hands at the all-hands. At least in the US.
Wow you must have been hired yesterday. Most of the IP on the snapdragon chipsets have come from M&A activities, mostly A of course…. So sad you don’t know basic history
Trying to remember a successful M&A since CA is steering the wheel. Can't name one; can you remind me? Maybe missing something. And today, I a bias towards M&A was mentioned more favorable than buy back.
We are in deep trouble. The meeting gave me no confidence at all. We are the Chargers of the technology space. Mostly a mediocre organisation with brief glimpses of competence.
Funny when they ask him how much market share you expect to gain from this product he said "I do not know", what kind of CEO does not know for what customer base its company is producing for and what market share the product is aiming for? Should not these stuff be researched before starting producing something?
Since they said they're under funding the bonus pool this year I am going to go ahead and slack off for the remainder of the year.
Why work for a 4 or a 5 when your bonus will be $4k more than my bonus for 80% more of the work?
I'm also going to start looking for another job, positions are reopening at other places with a lot more compensation.