Treasury BLUE Justice WHITE Defense WHITE CFIUS, which can advise the president to block takeovers by foreign companies on national security grounds, is chaired by the Treasury Department and includes members from other agencies... — read more
We were the first to feel the pain
We fell first - Qualcomm pays $975 million to resolve China antitrust dispute. Nobody cared. Now all see that Chinese business acts increasingly as an arm of the state, China is challenging America across Asia as the dominant power - last weekend Xi... — read more
20 % cut
The lists are ready 20 % cut from serious source good luck everybody
Broadcom is Broadcomm's biggest enemy.
https://www.cnbc.com/2018/03/01/broadcom-ceo-hock-tan-aggressive-negotiations-with-amazon-hpe-others.html Tactics used by Broadcom include ripping up existing contracts and demanding higher prices for chips while threatening to cut off supply if... — read more
Q applicants are toxic
Got some not so positive feedback from a faang recruiter friend. Lots of negativity coming from q applicants. If you want to move on then you need to be positivity not negativity. Remember you are hired not only for skill but demeanor and personality... — read more
Save the Brasserie! (and the Mickey D's too)
https://www.google.com/amp/www.sandiegouniontribune.com/communities/north-county/sd-fi-qcom-neighborhood-20180301-story,amp.html " at least a dozen Qualcomm executives lease storage lockers for their fine wines in the WineSellar’s three-story vault... — read more
Can I offer to be laid off?
Just wondering. I'm so tired of all of this, leaving with a nice severance check would come as a relief.
Final nail in Broadcom coffin
So, now that people are openly expressing national security concerns related to Broadcom takeover attempts and calling for reviews, anybody else thinks this could be a final nail in that coffin?... — read more
Formee President, DA
Anyone knows what happened? Why he left?
Stay Positive
Simple facts: If you work in a division making no money, work on pie in the sky projects, tough luck, you need to start looking - BRCM or no BRCM. Probably takeover should be least of your concern right now. For those in mobile CPU division, and work... — read more
Qualcomm Canada Inc.
Qualcomm Canada Inc will be completely shut down. Good riddance
Bad Info
Now that I am getting some real info, let me say that 90% or MORE of the info on here is completely made up. I think you will see some real info coming after the ASM....maybe not from me though. If you are an employee just check with your boss or... — read more
Performance criteria for Director and above
If you don't own a high visibility project with a direct impact to top or bottom line then you have no place in the company going forward. You have to be directly responsible for the outcome. It's high time the status collecting directors get... — read more
White or blue?
Just curious to what people are voting.
BCOM layoffs will be a 2 year process.
BCOM layoffs will be approximately 30%, and that's if. Even if that's the case will be a 2 year process and not an overnight action. I can see a new culture, new projects, but not a massive layoff. 2 years is plenty of time for people to figure out... — read more
Is the sad big news to be announced tomorrow ?
Any insights ? or it on Monday ?
Product management - will take a hit ???
Any idea if this is coming to product management also ? How are they evaluated ?
Eliminate Titles and Bureaucracy
Keep it simple HW or SW engineer (may have reports) Manager (20+) Director - 200+ VP - 1000+ SVP - 5000+ EVP - 10,000+
Program Management team will take a hit ???
Do we know if PM team will get impacted in this massive layoffs ??
Major flaw in Qualcomm as an organization
Here lies a major flaw in Qualcomm as an organization: we are so enamored with an engineer’s technical abilities that we conflate the ability to execute with the ability to lead. We keep promoting folks to management roles who can get a task done... — read more
Performance criteria for directors and VP ?
There seems to be serious unhappiness with the middle management. What is the performance criteria for directors at Qualcomm ?
Is it true severance is being lowered?
Can anybody confirm that severance is being lowered for non-management? Is that even legal, if true?
Only 1000 to 1200 layoffs
Contrary to earlier estimates of 4000 plus layoffs, only 1000 to 1200 layoffs are expected. Mainly in Director and executive roles. Most of the cost savings will be realized thru stopping loss making projects, spending lesser in r&d, sales and... — read more
Que sera sera!
Whatever will be will be!
Here lies a major flaw in Qualcomm as an organization
We are so enamored with an engineer’s technical abilities that we conflate the ability to execute with the ability to lead. We keep promoting folks to management roles who can get a task done, but who are also woefully inadequate in terms of vision... — read more
In defense of SM
I had the pleasure of working with SM in Globalstar, he was an excellent RF engineer.
Details known.
Upper management already knows how it's going down - they're asking employees that will be laid off to complete important tasks and transferring knowledge in "strategic" (i.e. secret) ways. All the details regarding how to lay off individuals, etc... — read more
You should feel betrayed Qualcomm Executives
All the wonderful things you do for us and the low life's come here and Veitch. Let them eat cup cakes.
You should feel betrayed by Qualcomm Executives
I see that people are getting upset about all ‘whining’ on this board and I totally get it. At the same time I know so many people who made their bets on QC and spent a good chunk of their career here. In such a case, an individual is betting on the... — read more
Show only Active Posts - Active Button (next to blue New button)
There is an "ACTIVE" button right above the first thread - you can use it to see what posts had recent replies.
Everyone, stop winning!
This layoff thing is becoming annoying. Do you think that layoffs didn't happen all these years until now. People are let go every month. The only reason you don't know about it is because there isn't a significant amount and it doesn't imply massive... — read more
Maybe Qualcomm Should Seek Out a White Knight.....Perhaps Apple?
Qualcomm may be able to get a higher price from another suitor. Apple has plenty of money. Qualcomm would provide Apple some diversification in products and services as well become an in-house provider of high-quality chips.
cnbc update
qcom is trying to let brcm to buy only non-snapdragon assets.
Broadcom Qualcomm takeover to be under review
https://www.cnbc.com/2018/02/26/us-national-security-panel-that-reviews-mergers-is-looking-at-broadcoms-plan-to-take-over-rival-qualcomm.html
Just replace SM & PJ with Hock Tan
Pay him $200 million a year to drive the Q train
Attend in person on 6th ?
I assume all the institutions will be making clear their voting intentions by the weekend. Will it be worth attending in person on 6th ? I assume BoD will know vote outcome ahead of time; but perhaps last moment drama ?