Dear Mr. Steve, Please to save our jobs.
7 replies (most recent on top)
best part of recent all hands: An exec saying something along the lines of "Some people think of it (buybacks) as financial engineering"
http://www.zerohedge.com/news/2015-04-27/goldman-warns-companies-halt-buybacks-record-valuations-reminds-what-happened-2007
Based on the all hands it is obvious that QCOM is gearing up for some big time cost saving measures.
Layoffs make institutional investors feel like the CEO is grabbing the bull by the balls and making things happen. It's also the easiest way to save big bucks.
cost cutting along with gigantic buybacks. that's like quitting drinking to pick up a heroin habit.
Yes, there will be no layoff. Only cost-cutting. Ha ha ...
according to the info, no layoff is going to happen