Qualcomm has more managers per employee than most orgs -- directors, snr directors, vps, senior vps, principal x engineering/product management/business. Qualcomm has a rectangular hierarchy than a pyramid. There are about 12000 engineer, snr engineer, staff engineers who do almost 95 % of the work. Majority of the remaining are slave beaters. There are talented individual contributor senior positions though who keep the company afloat by working with the engineers and sponsor the lifestyle of the semi retired multi millionaire slave owners.
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Lowered EPS guidance is far more meaningful
Another meaningless metric to focus on.
We are not that bad, I used to work for Cisco and you should see their structure.
Does not every company work like this?
You are correct Sir.. QC is top heavy with slave beaters rather than innovators. The master/slave arrangement will get you a few pyramids or chips built but that type of empire eventually crumbles.
Staff engineers who do almost 95 % of the work? Really???