Thread regarding Qualcomm Inc. layoffs

Help me to understand

I am sorry .. I am not an QC employee but I would like to understand because I really feel sad for several friends that work hard on this company and now they are under risk to lose their jobs...

what happened ? Your modems are excellent, 5 years ago you were the market leaders and now is sinking ? What is the real reason ? Mediatek ? Do you guys think mediatek has a product with superior quality ? I know their modem are cheaper but is this the real reason ?

Sorry for you guys and I wish you all the best!

by
| 1981 views | | 12 replies (last April 1, 2016) | Reply
Post ID: @OP+GFpNVSA

12 replies (most recent on top)

Excellent replies by some breaking up the "perfect storm". I still think the #1 issue is poor management. They assume customers would be ever loyal and the royalty business would thrive. Hired too many. Didnt pay attention to the right market (mid-tier), got into anti-trust and got burned. Some of the factors could have been foreseen by mgmt. They were hoarding dollars, promoting wrong people and banging around.

by
| | Reply
Post ID: @2btr+GFpNVSA

Hmmm. At my new job, someone recently left for the "Evil Empire." One person said: "I can't think of a company as f---ed up as MS." They obviously haven't worked at Qualcomm.

by
| | Reply
Post ID: @1xhw+GFpNVSA

With all the problems listed already, CEO and upper management didn't feel the need to step down and let someone better take over.

Right? Right? Right? Right? Right?

by
| | Reply
Post ID: @1kxt+GFpNVSA

Read this older long post by M. Gandhi which reveals the inner culture of the company.

This will help you understand why. I have copied it below.

https://www.thelayoff.com/t/CL1xqu2

"Some immigrated to this county because they saw greatness in democracy, freedom of expression, and the rule of reason and law. They came here to be a part and took it upon themselves to do whatever it takes to preserve the values that made it free and prosperous.

The rotten abyss that is called Qualcomm is of your own making. Some of you have imported the culture of nepotism, fear, pacifism, and the worst of all, capitulation to abuse from your home countries. Working for Qualcomm in U.S is no better than working (and living) in a third world country now. You have been complicit with this because this is what you have known all your lives. Capitulating to dictatorship and abuse keeps you in your comfort zones. Does it sound familiar that you are made to work 12 hours per day, weekends, company holidays, and then disposed of as soon as you are not needed? Does it sound familiar to you that your "great leaders" gave themselves $95 million worth of stock grants in January while this is happening? Does it sound familiar to you that if you criticize them about anything or if you have an innovative technical idea that is different than that of the boss, they will get rid of you through a bogus PIP with unconditional help from their HR? Does it sound familiar to you that engineers get mentally exhausted to the point that they jump from Qualcomm buildings (2010 and 2012) and HR tries to cover it up? All of this would sound normal to a factory worker in Foxconn City industrial park in Shenzhen, China. By the way, are you hoping for ground-breaking and innovative products to come out of this place?

What could you do now? Qualcomm has been thriving on importing and abusing low-cost H1-B workers as replacement for their older age workers. If they "layoff" employees, they wouldn't legally be able to get new H1-B workers in the future because they wouldn't be able to make the case to the immigration authorities that they were short of US workers. Moreover, if they "layoff", they would have to pay a severance package to the employee which would cost them. They would also run the risk of the employee bringing a lawsuit against Qualcomm for wrongful termination. For this reason, they would try very hard to eliminate employees in other manners that could not be labeled as "layoff". They would put all their effort into creating a condition where the employee would "resign" on his own. Then they wouldn't have to pay the employee any severance pay and they would not face any legal risk. One method to accomplish this is to "to work the employee out". They give the employee an assignment that is impossible to complete and make him work hard and fruitlessly until the he gets exhausted and leaves on his own. If this method doesn't work, then they "PIP him out". This is accomplished by artificially lowering his performance grade and putting him on PIP. Then they give him an assignment that is impossible to complete in the given time, or is outside of his area of specialization, or has dependency on another group to deliver. This gives HR the justification to terminate the employee and if it comes to a lawsuit, they would claim that they gave the employee a chance to improve, but that he did not "perform". To PIP an employee out, they will first encourage him to either resign on his own or go on PIP. HR would threaten that if employee doesn’t agree to either choice, they would terminate him for insubordination. If he resigns, HR will be happy because they wouldn’t have to pay him any severance payment, he could not make any legal claim against Q, would not be eligible for unemployment benefits because he has "voluntarily resigned", and his health insurance will cease at the end of the month. If the employee decides to go on PIP, he gives them a chance to fabricate more bogus evidence against him in the manner which I described. Remember that no one has survived PIP in the past. Then they will terminate the employee at the end of PIP and will use the fabricated evidence in case he brings a lawsuit. HR will even be happier in this case because they wouldn’t have to pay the employee any severance payment, he could not make any legal claims, would not be eligible for unemployment benefits because he has been "fired", his health insurance will cease at the end of the month, and Qualcomm could extract another month of intense work from the doomed employee which thinks if he worked harder he would survive. I strongly encourage you to document all your accomplishments, deliveries, and your working condition in fine details and be prepared to confront HR if they try to put you on an unjustified PIP. You may even want to wear a concealed recording device when talking with HR or your managers. Note that this is legally admissible because your purpose is to prove a wrongdoing. Make sure to keep a copy of your evidence in a safe place because once you start to dispute and resist, they will put you on an administrative leave and will cut off your access to your emails and records. If you prove that you have a case against them, they will offer you their standard package which is 2-month of pay plus ~$1500 to cover your health insurance for a month. In return, they will ask you waive all your rights to sue them. The 2-month pay does not depend on the number of years of your service, however, it is negotiable based on how strong of a case you have compiled against them. The payment is proportionate to the degree of risk they perceive in getting involved in a lawsuit and worst of all, a class action one. After all, they know how many labor laws they have been violating in their sweatshop every day and how much is at stake when they are exposed."

by
| | Reply
Post ID: @1vhw+GFpNVSA

Economics 101 - Long Run Supply Laws - Profits:

Some firms are earning positive economic profits in the short‐run, in the long‐run new firms will enter the market and the increased competition will reduce all firms' economic profits to zero.

Now, in reality, this is much more complicated as QC enters new markets, improves products, etc. We've had an outstanding short-term and long-term runs, many of us got wealthy. Our legal arm played things really well which extend our ability to extract additional profits longer than you'd normally expect. Our engineering surprised critics many times by being able to develop products that were ahead of time and competition.

However, now we have issues on the legal and product fronts. Many will agree on what the issues are (some posters hinted about this below). But, if you'd like to find out "WHY" we have those issues, you'll hear 1000 differing voices, each singing a different tune: management incompetence, China, H1Bs, etc. My two cents on this topic would just further confuse you so stick with what other posters propose...

by
| | Reply
Post ID: @1kkq+GFpNVSA

Perfect Storm.

Licensing investigation + Apple 64 bit processor + poor execution on SD810.

QC lost a big lead in CPU perf. They need to gain that back or the bad times will continue.

by
| | Reply
Post ID: @1zaa+GFpNVSA

Qualcomm is the greatest company ever, you naysayers will all be sorry.

by
| | Reply
Post ID: @1ofk+GFpNVSA

A lot of things....

-Competition and pricing

mediatek, intel, samsung, huawei, xiaomi, etc. other all doing their own modems and Apps Proc.

-Corruption

-Breaking laws in all areas

-Market saturation

-Older Critical Patents (time ran out)

-Hired too many people

-Management

by
| | Reply
Post ID: @1xyk+GFpNVSA

It's inevitable when companies grow large and lethargic and bloated and inertia sets in. People loose focus on getting the job done and instead it is replaced with back stabbing and protecting turf. So sad.

by
| | Reply
Post ID: @1jwd+GFpNVSA

The tech sector has always been subject to cyclical economic swings. This year your company may be on top manufacturing modems, or software, or any one of a number of other popular products. In a year or two, something else comes out that is faster, cheaper, or just more appealing to people with more disposable income than brains. The people who make it to the top of the heap are not necessarily technical geniuses; they just excel at office politics and backstabbing. If you are an engineer in the trenches, you are better situated to see what the next big thing might be, and learn it before the people who run the company do. Then find a company that's working on it. Because it probably won't be QCOM

by
| | Reply
Post ID: @bia+GFpNVSA

I am retired and I do not work anymore to be honest. I just manager my investiments/stocks. But I hear different versions... some say Mediatek, another say strategy... even my friends have different theory.

by
| | Reply
Post ID: @hqf+GFpNVSA

you might have already got the facts from your so called friends

Dont be sympathetic,today Q may be tomorrow your company dear friend :)

Q is not the end of the world, already people found, finding and will find good jobs. They are safe

Haven't you seen the trends etc saying, 2016 will be another economic crisis

its going to hit hard everyone including you.

Be on alert be safe. all the best

by
| | Reply
Post ID: @gjn+GFpNVSA

Post a reply

: