Please post the events of today for the record: how many people and in which divisions.

Is there going to be a pay cut? If yes what percent?

I joined this BS company in 2014 when the share price was $82. Now after 9 years, share price is $104 ???? WTFFF ? Companies like Nvidia, Microsoft, Apple, Broadcom ,. got 5x,6x,..10x while BS Qcom is bareluy $20 higher. These executives should be... — read more 

Hey guys! Does anyone have any real verified information on layoffs tomorrow? Verified only please! Thanks! You guys are like so amazing!

CA and AP seemed like deer in the headlights during Q2 presentation. Did not seem prepared. They care more about fireside chats and jetting around the world than coming up with solid answers. It was a massacre. And the stock performance is the... — read more 

Micrsoft is deciding to not have pay increases this year. Their attrition is low, I a sure this will move things up and down. Do you think Qualcomm will do the same thing?... — read more 

Sadly, I can guarantee you that when the layoffs are done, they'll still be here. They're too good at a-s-kissing to even have to think about layoffs. That's our sad reality and that's why Qualcomm has been going downhill for years. Nobody in power... — read more 

I heard a manager talking to someone saying that one of the criteria for layoffs would be the number of years in the company and the age of the employee - 20+ years in the company and age 55+.

Would you rather constantly think about when layoffs will happen or deal with it ASAP? If it's going to be May 17, I welcome it.

All department events that were scheduled for May 17th have been rescheduled for other dates this morning. I believe the announcement is imminent.

Apple hasn’t invented anything new since iPhone. Its innovation culture was dead when it put a notch on MacBook screen. Phone and pc market are saturate, and no growth for Apple. With iPhone and MacBook sale that can only fall further over coming... — read more 

17th May, Wednesday will be the day managers will start notifying the affected folks. Their last day will be 24th May. Also the cuts will range from 5% for some teams to 20-25% for some. This is going to be ugly.

You are on work visa. You associated your whole identity with a job and title You think what other people think about you is very important You want to keep up with the joneses. You are not in good health You don't know how to... — read more 

https://viterbischool.usc.edu/news/2017/03/viterbi-algorithm-50/

Qcom to lose 4billion business. Qcom stock likely to crash 65 https://www.bloomberg.com/news/newsletters/2023-05-14/apple-m3-chip-mac-specifications-and-features-cpu-gpu-and-ram-increase-details-lhngxmx4?srnd=premium

However, CELO likely to say “further cut is possible in July” Many VPs and Directors took VR, many will be kicked out this time. Senior position like principal will be impacted. Mobile division 20% cut.

Is this true? Happening same time with Q layoff? Mobile market really that bad?!

weeee

It might sound ugly, but isn't it amazing how this company can function with so many freeloaders?

An activist investor to come in and help fire the current management team ( CA & JT). We need to unionize to protect our jobs and job rights. Current mgt has no respect for the individual.

Anyone knows how the severance would be taxed once one is laid off with big fat severance package I don't think it'd be taxed as salary so it be like bonus or capital gains...

The rumor mill seems to keep running with out the power source. Very clearly there is no the layoff for the duration of FY23. Looking ahead I expect to identify RIF target in October after FY23 final results; geoshifting targets communicated and the... — read more 

Why aren't you constantly on the lookout for the next job opportunity? Why did so many of you allow yourselves to let your guard down? You are supposed to be the one in control of your own life and here you are giving that power away to someone else... — read more 

How in the world are there still people who think there'll be no layoffs? Can I have some of whatever it is you're smoking?

Cristiano Amon Just approved this message

I see that there are a lot of people here who think that there will be no layoffs. That would be nice, but I think it's a highly unlikely that everything goes without layoffs?

Hi guys! Does anyone think we will have the layoffs this year? In my opinion we are doing great! I would not even consider working for the maverick fruit stand in the career.

Honestly, even with all the layoffs, we're still in a better position today than we would have been had the Broadcom acquisition gone through. Had that happened, the majority of us would not be at Qualcomm today. I'm okay with dealing with occasional... — read more 

For everyone who feels safe don’t be shocked when you get axed! The day of reckoning is coming soon!

How many layoffs are directly influenced by this acquisition, what do you think? And how many will be added to the total number? Qualcomm acquires Autotalks to boost Snapdragon’s automotive safety technology, reportedly for... — read more 

The consensus seems to be that layoffs will start next week. I've decided to accept that and relax this week as much as I can. There's no point in worrying over something I can do nothing to change at this point. I know next week will be taxing on my... — read more 

/Any layoffs at the New Jersey locations?

Another blow from major Taiwan source Digitimes. Too much rumors. Show us the real picture.

There are many options available. Maybe it's not with the usual suspects, but considering what's been going on, staying away from the biggest companies in tech might be a good idea, at least for a... — read more 

https://www.theregister.com/2023/05/01/uscis_h_1b_surge/ "Rather than turning to the H-1B program as a last resort when US workers cannot be found, most employers hire H-1B workers because they can be underpaid and are de facto indentured to the... — read more 

Finally end to all rumors