Topics regarding layoffs at Qualcomm Inc.

Topics regarding layoffs at Qualcomm Inc.

When is Q3 layoffs? July or September?

Layoffs are going to happen every quarter but not all groups will be affected every round. Pl. post what you hear. When’s the next round and which group? Not sure why we are seeing this slow motion train wreck. Desperate measure to increase... — read more 

Just Remember, The Strategy is Flawed

Qualcomm losing market share in phone as Apple gains. Expect an abrupt drop in revenue as Maverick get their own modem. And it will be YEARS before autonomous driving and Q gets any substantial rev from automotive. Nuvia is doomed, competing against... — read more 

The Outlook For Qualcomm Is Grim

Basically this company is a one trick pony. With Apple share increasing and the Smartphone market saturating, Qualcomm is doomed to bleed out. Don't buy into the CA & JT BS about automotive and Nuvia. Once the market recovers or you have an... — read more 

Sharing my experience after leaving Qualcomm

I voluntarily left Qualcomm because my boss made it very clear that he does not like me. So before he let me go, I have decided to leave. I went through lots of interviews before and after leaving Qualcomm to find a position in another company. At... — read more 

Can Qualcomm workers really be this d-mb?

do people really think chips is Qualcomm money maker? do people really think the sale of modems is what makes Qualcomm money? do people not realize that QTL makes all the money for Qualcomm do people not realize that Qualcomm only exist... — read more 

What can the CEO do?

Since our cash cow which is mobile is under threat,What he is doing makes sense, otherwise how he is going to pay everyone and keep the stock without further tanking? With the macro economy falling, Sample threat of litigation looming in 2025... — read more 

New joinees are incompetent and low quality

Quality of engineers have gone bad in recent years. Not only new joinees but experienced engineers are also not good. I found few of them take things granted and wouldn't take tasks seriously. Also Qualcomm seems to have lowered the promotion bar.

Qualcomm files no WARN act

Everyone is lying about layoffs yesterday. Qualcomm has no WARN files https://data.tcpalm.com/see-which-companies-announced-mass-layoffs-closings/?query=Qualcomm We have some real trolls on here

It’s s good time to look for a new job

I'm trying not to think about when exactly the axe will fall again, I'm already committed to looking for new options... I hope you are too? That should help reduce anxiety, but beware because there is huge competition on the job market.

Cuts

As far as I can tell, there were no cuts today so far. Does that mean we are done with this round?

Dead without Apple

Apple contributes almost half of total Qualcomm licensing revenues, 49% Apple contributes 16% of total Qualcomm chip revenues Courtesy https://twitter.com/SamirKhazaka/status/1658922013283561472

Are you serious 51,000 Employees ?

I think 3 years ago it was 25000, so basically CA hired 25K folks for nothing. And Hock Tan said, he can run this company with 10000 employees.

Did QCA SJO get affected?

Worked at QCA SJO for 7 years till about 5 years ago. Have reached out to folks I know. They have not responded. Work for a company now that heavily uses QCA solutions including the WCN785X and possibly QCC517X as well

Good bye and good luck

Got the Axe today in NJ after 10 years in Qualcomm. Teams in NJ, Boulder and SD were affected. But no impact to India team. Eventually everything will be run from India while the leadership here enjoy the perks while cutting folks in NA. Most of the... — read more 

Over and out

I am out. Notified this morning. SD. Last day 24th, in payroll until July 15 to meet WARN. Long term everything is being moved slowly to India. That's where the company's future lies. Everyone working with teams in India, beware, your time will... — read more 

Why layoffs

Hearing until 30% cut QCOM will evaluate the reduction until stock goes to 250$

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| 2562 views | | 5 replies (last May 18, 2023)
Post ID: @OP+1mFU4ZwQ

How much RSU

How much a senior engineer in software with good performance on average gets RSU? Also, how much bonuses annually? Asking to evaluate an offer with Qualcomm.

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