Thread regarding Qualcomm Inc. layoffs

I'm not sure how the OP came up with this pile of doo, But as a FSL'er it doesn't look like we won anything. In fact most FSL groups think the company made a major mistake in agreeing to get taken over by NXP.

Mostly because of the difficulty of laying off staff in Europe the US FSL took the brunt of the layoff's and Synergies. The reasons could be listed as the following:

1. the 2 worst performing units in NXP now are a: RF - down 19% and Digital Networking - down 33% qoq/yoy - both FSL units.

2. The Austin FSL headquarters was gutted as Rick Clemmer (more or less a private equity hack/employee) cut out almost all US bonuses and raises as he gutted DN in Austin. He also doesn't like the idea of running fabs so the Fab staff in Austin were pushed into contract en mass. The rest of the fabs have had to run ridiculously lean budgets with far fewer staff.

3. Automotive is a pile of garbage (something QCom have yet to fully realize). It was run by a huge idiot who almost killed it and was probably going to get cut by FSL before NXP took over and decided it was the 'future'. The radar system basically doesn't work properly and has enormous manufacturing issues. The rest of the product portfolio around Auto is mostly FSL micro-controllers and that was wrapped up and given to NXP Sievers to run as the 'golden child' and unit.

4. The Freescale CFO Dan Durn didn't last long - or didn't want to stick around after he saw how they did their books. Now it's back to Kelly the former NXP CFO.

5. The US fabs - which most FSLers think will get closed in the states (as Clemmer has resisted real cuts in Europe - most likely for the regulatory reasons of getting this deal to go down for his PE is buddies) is headed by FSLs Reeve, a widely disliked character, who most think will probably disappear with the Fabs as QCom divests it so watering this down further. Nobody can see QCom putting up with the staff levels and investment required for running fabs. Both NXP and FSL basically stopped spending money on fabs over 10 years ago and were going fabless anyway - it was just a matter of time.

6. RF, going through a slump for a number of reasons - including failing to plan for the future (GaN) some years ago and having no products other than for Cell that actually make money has been bundled together in a unit one could call the Crap Unit along with DN and placed well down the org chart under Qualcomms Patel. What this probably means are the heads of those units (who were FSL MT1) are going to get wiped out. Heaps of the older Senior engineering staff have already been shown the door to get costs down. Capacity in both staff numbers and lack of senior staff at this point to do innovative products is now very low in the US.

7. As there have been no bonuses in the US staff morale at FSL units is in the crap house. Clemmer will walk away with roughly half a Billion after the deal goes down which is why NXP has been so compliant - well bent over and touching its toes with the C suite and PE hoping for payout day. If the deal doesn't go through the rest of US FSL probably needs to brush up their CV's straight away.

8. Clemmer also stripped the FSL R&D budget fairly heavily. We no longer have the Freescale Technology Forum to show off latest R&D or the innovation Centers set up under Lowe which cost more or less peanuts as he set about stripping any costs from the US FSL. ie synergies. Corporate balance sheets these days consist of 2 lines Administrative Costs and R&D - in reality its Admin and Manufacturing costs. True US R&D costs are peanuts.

9. So at the end there will probably be no FSLers left in the executive, and QCom will inherit a gutted US (FSL) operation and a bloated European operation that nobody has touched.

@xiv your response without any details makes you look like an imbecile and a useless midddle manager.

@qbb thinks FSL survived. (S)he knows only small group and generalizes to the top.

Either u r a young guy or you have been working for a long time in the same company. Local visibility..

You will lose ur job soon mate

Any way to get rid of SM and GD works for me!

Qualcomm wont support manufacturing over the long run and NXP fabs will be sold eventually.

Let the games begin...............you know the rules, you dont discuss the rules.

The loser is the one with the most layoffs.

Using FSL's automotive play, FSL top dogs prevailed and outmaneuvered NXP and took up the top spots in the new entity. Now they want to repeat the same with Q. Very political.

How did they win the battle?