Topics regarding layoffs at Qualcomm Inc.

Topics regarding layoffs at Qualcomm Inc.

Qualcomm Intern

Just wanna ask full time guys. According to you guys' experience in Q, will intern student still get return offer or totally cut all intern headcounts for intern in summer 23?

Is this the right time to leave?

From the email, Layoffs are expected to happen till mid-2024. Right now, there is going to be a huge layoff in October. Please correct me if I'm wrong. Our team is already under staffed and more layoffs will be painful. And I believe the positions... — read more 

Layoffs and Bonuses

I just read an article that from a CEO's perspective if you have to shut down something that isn't profitable you can obviously increase the stock price and earnings and get a big bonus out of that despite announcing layoffs.

Suggest ways to switch up...and stay prepared

Been working with a Q's legacy systems from last 18 years. Please suggest me few affordable programs, resources that could help me to switch up my career and stay prepared for any odd circumstances here in Q to find the another opportunity in market... — read more 

Mass resignations instead of mass layoffs

Why we The Engineers have to be dependent on any company. If we can make a company Great we can break it also. I wish we had that unity and power to tell them. But everyone is so consumed in their own world and problems we are slaves of our own... — read more 

When?

When so you guys think impacted will know this round?

How big will QCA be impacted?

Back in 2018, in the AH after the layoff, a leader mentioned higher ups discussed if to close the Bay Area office, they found this office provided good value, so no shutdown. Does anyone know roughly how much will QCA be impacted this time?

QUALITY Inn

The next copy-cat move is coming: Google anounced a $99 deal for people who would like to sleep on campus to help RTO. You know what that means: "I'm happy to anounce we are expanding into adjacent markets and entering the hospitality industry... — read more 

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| 1260 views | | 1 reply (August 6, 2023)
Post ID: @OP+1nXY7M1Q

Feel cheated after working so hard

Why will I not get bonus …company did made profit , I worked hard, I feel cheated and demotivated. They want to reduce , please do ..but why are you punishing hard working engineers. Don’t get it? Because of cost of living , inflation and rising... — read more 

Why always SW gets impacted in Q?

Nvidia has a good balance in SW and HW engineers resulting in leader in AI and GPU. Qualcomm always preferred HW engineers even though SW engineers masks their HW bugs using SW workarounds after HW tapeout. SW never got recognition in Q and when SW... — read more 

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| 1530 views | | 1 reply (August 6, 2023)
Post ID: @OP+1nWqmuHL

REmove or Reduce -- the hierarchy like Meta!

Please make all status collectors as individual developers! There are some good engineers, but a lot of them are sick of bureaucratic status collectors. There are two many old timers as well who just stay there to do "politics".

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| 1490 views | | 1 reply (August 4, 2023)
Post ID: @OP+1nW38xEt

Qualcomm AI

Qualcomm was (is) too late for the AI game, people started the AI back in 2012. I think need to invest more on AI.

Everyone saw this coming

Q should have updated their compensation. Now they've lost many key folks to our competitors putting us in a worse situation. We've lost our vacation and our benefits is not as good as it use to be. There is no incentive to climb that ladder. More... — read more 

Is the CFO not getting full visibility on finances ?

We know lots of steps have been taken towards cost optimization. Many reorg changes happened to improve the processes and make all the businesses more efficient. We paid multiple consulting firms to help us - however, it appears we are at the same... — read more 

Ok lets review CA and his team accomplishments

When CA took over in 2021 it was in middle of pandemic and he was lucky to have a wave to ride, so no accomplishment for that year. Whatever there was was either the work of former CEO or the wave of pandemic, low interest environment and massive... — read more 

Would executive management take paycuts

The position qualcomm is in is the result of failures of executive management team . I understand cost needs to be reduced but would executive management team takes responsibility and take severe pay cuts? So far the performance of executive ... — read more 

Synergies

Q in SD has some very solid programmers and designers. The better ones code at least 5X faster than Q-India. Q-India on the other hand debug issues very fast spending late nights and team work on triaging. Together they could make a great team.

Is Volunteer an option?

Would like to volunteer in the coming HC reduction. I would request qcom to accept volunteers to save jobs of others in need

First asked to stay now let go

Not long but when attrition was high, we were asked to stay. Loyal employees who listen are getting let go now. We are just numbers in xl sheet. Top management to employees, don't leave its greed and now we don't need you because of our greed.

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| 960 views | | no replies yet
Post ID: @OP+1nWvcUSF

Once CA said in previous all hands

See its a same CEO who asked employees not to leave Q for FAANG saying the work getting done is more interesting than others. Now CA eats his own words and laying off loyal employees who didn't leave.

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| 1050 views | | 1 reply (August 5, 2023)
Post ID: @OP+1nV0V3A2

Plenty of us would be happy to volunteer

Offer us decent severance, nothing extravagant, and plenty of us will be happy to walk away. This would help save the jobs of those who want to stay and make sure those who don't get to leave. Imagine what a boost that would be for morale, as opposed... — read more 

QCA makes innovative products which don't sell

The latest products from QCA are pretty innovative and useful. Like the WCN785X flagship connectivity for phones, the audio products supporting wireless uncompressed audio and even some of the router products. These take a lot of effort but... — read more 

Too bad modem as a service was not considered

I am no longer at Qualcomm now. Left as a senior staff engineer in 2014. Modem as a service was brought to the table in 2013. There would be a 2 year subscription to the modem after which you couldn't use your phone. MR was for it, so was strategy... — read more 

Donuts

NVidia CEO: "We have increased our bottom line selling donuts. Chocolate, cream filled, sprinkles...." Q CEO (6 months later): "We plan on diversifying our core business to include bite-sized mobile donuts. Chocolate, cream filled, with... — read more 

Quote from conference call on cost cutting

"So given that what we're planning to do is proactively implement additional actions in first half of '24. And the framework for it is we're going to preserve our strategic priorities. We're going to reduce in certain areas, but then also have the... — read more 

They will finally rename the company

Like twitter, it will be a single letter "i" Named after America's favorite country. Be prepared to see more headcount move to "i". Then everytime someone says qualcomm the american conpany, you laugh out loud. Or LOL. Btw, who will call out the... — read more 

Cost reduction

Qualcomm said it had reduced costs by 5% so far this year relative to its spending in 2022. In June, it cut 415 jobs at its San Diego headquarters, the San Diego Union-Tribune reported. The company said that it will implement 15-20% cost-saving... — read more 

15% workforce reduction.

I wish this news is not true, but heard from a retiring VP that they are working on 15% reduction globally. But not confirmed so don’t take it seriously. Just do your job until you hear it from your manager.

What a Horrible Conference Call

CA sounded like a desperate fool: AI this and AI that, it was pathetic. Then when challenged what kind of apps would use AI on the phone, he danced. Absolutely no revenue growth going into next quarter, including IOT & automotive. OpEx cost... — read more 

Brace yourselves for round 2

https://timesofsandiego.com/business/2023/08/02/qualcomm-says-job-cuts-likely-after-forecasting-lower-4th-quarter-sales/

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| 2510 views | | 7 replies (last August 2, 2023)
Post ID: @OP+1nUsJ3L7

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