Qualcomm Inc. Layoffs

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Topics regarding layoffs at Qualcomm Inc.

The Era of Non-Chip Tech Companies

ok, chip companies have had an outstanding run for the past few years... Now that hardware/chip is maturing, it's software business .Com's company's turn....Look for the Nasdaq pop from Web 3.0 and Mobile 2.0
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34 views | no replies

Enjoy!!!

Let's all thank those who voted for Obama and his wonderful policies including the most recent worker exchange program that was pushed through with some help from Erwin and his wife! THANK YOU!!!!!!!!!!!!!!!!!!!!
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50 views | 4 replies (last )

Bending over for Jana

Jana guys are joining QC board. Ain't that peachy? Got blackmailed into these right-sizing that does shit for the longterm viability/competitiveness of the company, instead of pushing back with sound business strategy and logic, QC assumed bending... read more
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214 views | 3 replies (last )

Confirmed!

WT balcony doors are locked
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59 views | 2 replies (last )

Our Future

Qualcomm spends 40 billion or so and acquires ARM to bolster it's royalties/patent portfolio. And no, qualcomm massive layoff won't crater north county real estate. Not many QC engineers can afford to live their now these days anyway, so the majority... read more
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64 views | 4 replies (last )

QC severance

The average QC severance is 2.5 weeks for every year you were employed plus any unused vacation and a vesting schedule of options that vest within the year. RSUs go away. You sign a covenant not to sue and you can collect unemployment . And trust me... read more
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47 views | 3 replies (last )

Lay-off package or PIP

Be careful if you are targeted and forced to make decision either to take lay-off package or PIP! I have heard some who signed the agreement and took several month lay-off package were not able to receive the unemployment pay from CA state, since the... read more
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147 views | 4 replies (last )

VP to be fired

He has no leadership skills whatsoever to lead the efforts of his 35+ reports, our group is failure and I feel ashamed of belonging to it. The biggie is coming and he keeps hiring people for whom he doesn't really have a project. It seems he only... read more
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113 views | 10 replies (last )

Outplacement Assistance?

Does anybody know if Qualcomm is offering outplacement assistance for layed off workers? They used to offer Drake Beam Morin assistance years ago. It was somewhat helpful in a previous layoff.
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71 views | 1 reply ()

Problem with Qualcom

Qualcom suffers from the same issue as Intel. They have this big money maker (licensing) and use the money to support all sort of stupid projects that will never yield a single penny of revenue. These projects are pets of senior management which is... read more
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68 views | 3 replies (last )

Paul E. Jacobs should be back to replace SM

SM is good at cost down and already cut many departments that didn't make enough money. For example, QMC, Ethernet, power line,... etc. MTK still keep Ethernet and xDSL departments. Is cost down the only way in future?
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61 views | 2 replies (last )

You are part of the problem

Qualcomm a US company does business internationally, and earns profits internationally, but it should only Hire US citizens, why? explain that please You can sell a chip in a foreign country, but must not hire a foreign citizen of course, thats... read more
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50 views | 8 replies (last )

Why is Qualcomm's Stock Falling?

This gravy train got gift of explosive smartphone growth for last 6+ year (iPhone triggered?) and it's then (degraded but still largely same) patent revenue framework which good Xmas gift of exploding ASP and volume while its management projected... read more
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44 views | 2 replies (last )

52 week low

BUT BUT BUT... I thought JANA was going to save us!!!!
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38 views | 4 replies (last )

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