Topics regarding layoffs at Qualcomm Inc.

Topics regarding layoffs at Qualcomm Inc.

We're cold chieftain Steve

I only experienced Steve's leadership briefly but feel like this wouldn't have happened if chieftain Steve stayed on. He wouldn't have let those EVPs and SVPs and dinosaur board members bundle their failed projects with projects that were actually... — read more 

by
| 2340 views | | 8 replies (last September 29, 2023)
Post ID: @OP+1oOARKIj

Don't fall to office politics and toxicity if you are laid off.

Don't mind those that talks about you or being happy you got laid off in the process. Keep your heads up, march on. Some may even have party with champagne to celebrate they survived, but don't let it get tk your head is most important.

by
| 2220 views | | 7 replies (last September 27, 2023)
Post ID: @OP+1oOT0VeC

Take FTO now

List is done and nothing will change it. Great time to take on that home improvement project or trip to Greek islands.

by
| 2180 views | | 6 replies (last September 28, 2023)
Post ID: @OP+1oOpoOaq

List

I know of 2 people who know they are going out this layoff, one of them selling his home because of it. How can they know they are out if the list is not "fully finalized"? And if it is finalized maybe they want to compare it to the 3rd party... — read more 

by
| 3310 views | | 6 replies (last September 28, 2023)
Post ID: @OP+1oNFoyxK

QCOM stock

I'll buy some shares when they hit $50.

by
| 1040 views | | 3 replies (last September 26, 2023)
Post ID: @OP+1oNLwVqB

Underperforming BU will be axed

There are tons of business units that are not making any money. AFAIK, most customer facing service units with cloud or SaaS components will be eliminated as a part of portfolio reset. This will include the VP and everybody under them. If you are in... — read more 

by
| 2290 views | | 4 replies (last September 27, 2023)
Post ID: @OP+1oNCLum3

No grievance report against management team in QCOM?

There should be a grievance option for employees to file against management just like management sayi g employee insubordination. This will give employees a platform to feedback any misuse of power.

by
| 1210 views | | 7 replies (last September 26, 2023)
Post ID: @OP+1oNYq8ZS

The end is near it is crystal clear

Next week folks! Thanos-like execution. CA to personally press the send button in Outlook that will reach 50% of our SD workforce. Godspeed. Reliable sources as always.

by
| 2480 views | | 3 replies (last September 27, 2023)
Post ID: @OP+1oNeyD0U

Laid off with RSUs

Here is a good website to read about getting laid off with RSUs in your severance package or if you already have RSUs given by the company. https://www.equityftw.com/articles/what-happens-to-rsus-if-youre-laid-off

by
| 1561 views | | 1 reply (September 23, 2023)
Post ID: @OP+1oK5ghJZ

List was already finalized

The list was already finalized 2 Fridays ago. Its in HR now, doing? I dont know but it was finalized. The question is when will they notify? And why are we doing workday before and not after notifications. Also, is it the 1st week or 2nd week of... — read more 

by
| 3260 views | | 9 replies (last September 24, 2023)
Post ID: @OP+1oKGKj1s

Prep Work

Lifted this off my linkedin feed, 33 things to do to prep for layoffs, most are applicable to us as well: 1 - Emergency Fund: Save 3-6 months' worth of living expenses. 2 - Debt Reduction: Pay down high-interest debts to reduce financial... — read more 

by
| 1430 views | | 3 replies (last September 23, 2023)
Post ID: @OP+1oKddHx1

China

This time around China will get decimated. There is a strategic shift towards moving things out of China and we'll be no different. Everyone is doing it, we are just (as always) late.

by
| 2390 views | | 11 replies (last September 26, 2023)
Post ID: @OP+1oKimvDz

Apec severance

The severance is confirmed to be N+3 in months. N is the number of services years. Just because the last layoff people got N*2 weeks doesnt mean its the same this time, a colleague who got the notice notify me and every else mentioned it. They also... — read more 

by
| 1640 views | | 1 reply (September 23, 2023)
Post ID: @OP+1oK08Fmg

Would you move to India

What if the management offers you a possibility of continuing your same job but you need to relocate to Indian offices with Indian salaries? Of course with children and family it ain’t not easy, but what about all those young single fellas from... — read more 

by
| 1600 views | | 7 replies (last September 25, 2023)
Post ID: @OP+1oKxkJ1m

Directors and above

The speculation is most director and above roles are going to be safe. How does this make sense if Qualcomm is trying to cut down in expenses ?

by
| 2750 views | | 11 replies (last September 29, 2023)
Post ID: @OP+1oKPUpoG

Dividend

Apart from the genius CFO who approved raising the dividend two quarters ago, which costs the company about $800M per quarter, and yet the stock keeps falling; I have a question: Did anyone get the dividend yesterday/today ? It was due yesterday but... — read more 

by
| 1140 views | | 1 reply (September 23, 2023)
Post ID: @OP+1oKBW3fB

Start a new thread - post a news comment, question or message:

: