Other companies are trimming their HR staffing, unclear if any HR got the slip this time.
The 5G's of Qualcomm
The future is here: Greed Gibberish Grindstone Grievance Goodbye
Don't discuss details from the all hands on this site.
I am one of the people impacted by the layoff and I am no fan of SM. But come on Don't post potentially sensitive stuff in this forum. Don't be stupid.
Server business
SM mentioned that they are looking at either shutting down server business or having strategic partnership with partners. Does strategic partnership mean selling it? It looks to me they are just going to shut down.
Diversity
The biggest problem of QCOM is diversity...clearly if we were more diverse we would make a gazillion dollar more and aapl would not sue us. I am for hiring giraffes and unicorns and assorted dumb sh--s because we need diversity. Who was that lady... — read more
SM's answer to EVERYTHING is 5G!
How laughable is this guy? There are no apps that need 5G, there is no battery technology that will allow even a few hours of streaming video at 4G speeds. Forget about 5G speeds. So much hand waving, so little substance.
awesome all hands!
so psyched I will work this weekend. thanks Steve! We will prevail!
China market is slowing down a bit
https://www.theverge.com/2018/4/26/17286134/china-smartphone-market-meizu-samsung-apple-decline So, Q's challenges and pressures are related to the market. Number of smartphone sales may not increase year over year, but total number of smartphones... — read more
Uhhh
How many “uhhhh”s? Let’s play The uhh drinking game !
The backup plan if/when NXP deal fails
SM said that the money will be used to buy back stock. Will they buy them for the value that Broadcom was offering or for the value his incompetent management reduced it to?
20 years of service equals layoff
20 years of service at QC seems to be the kiss of death. Doesn't matter how great of an employee you are, 20 year veteran and your time is limited. I've lost dozens of my friends this last round..All 20 plus year folks and exceptional performers. I'm... — read more
Rayleigh
What happened I Rayleigh ?
What happens if the NXP deal falls through?
Do we become pray for another company once again?
What will be the tough questions at the All-Hands-on-deck Mtg Friday?
I'll add a couple tough ones, sure to be asked by the 'walking dead': "Will you increase the price on Bldg S cafeteria?" or "Will you have to close one of the SD cafeterias?" Make those questions tough folks! Please add more the WD will ask. The... — read more
Right Management (outside company supporting laid off employees) has a better roadmap than SM and his band of henchmen.
At least the Right Management folks can help lead you to greener pastures. SM just explains the pasture poo to the 'walking dead' that's still employed.
Does anyone but the sleeping shareholders believe/have faith in SM any more?
Lost all faith in SM/CA and their cronies, and lost faith in this late/great company. One of the "affected".
Layoffs hit a historic 48 low
The numbers have never been lower. And yet, we have this massive culling at the same time... https://www.marketwatch.com/story/what-layoffs-us-jobless-claims-fall-to-lowest-level-since-1969-2018-04-26
Layoff is over guys, get back to work and repeat after me:
Qualcomm is awesome, everything is awesome, S&M is awesome
It's not just Qualcomm that's moving abroad..
Subway to close about 500 U.S. restaurants, while opening 1,000-plus overseas https://www.usatoday.com/story/money/restaurants/2018/04/25/subway-closing-500-us-restaurants/550701002/
For those wondering who's firing and who's hiring
We know what list Qualcomm is on, but for those affected by layoffs, the second list might come in handy after last several weeks... — read more
Qualcomm to remain iPhone modem supplier in 2018, but will see orders reduced to 30%
http://appleinsider.com/articles/18/04/25/qualcomm-to-remain-iphone-modem-supplier-until-2019-but-will-see-order-share-reduced-to-30-in-2018
Did anyone catch GD's thank-you to employees at the end of the call?
He knows morale is in the tank and even the good ones are looking to leave. Will be a shell of a company.
Scorecard for the earnings conf call today.
What grades would you give and why? SM GD AR CA
Sitting on pile of cash, yet layoffs?
From today's financials, Cash and cash equivalents at end of March, 2018= $ 37.9B Cash and cash equivalents at end of March, 2017= $ 7.1B Why not invest the cash to hire more, invest in new areas than laying off more?
Mnuchin trip to China
Is Mnuchin going to solve Q's problem?
Layoffs Have Just Begun! -GD
From our good buddy GD: "We began our cost savings program which will accelerate the later half of the year"
Blowout Quarter!
SM reached stretch goal set for executive team. You da man Steve!
Yet another layoff article
https://www.fool.com/investing/2018/04/25/qualcomm-inc-begins-layoffs.aspx
"Just keep doing what you're doing"
The only thing my manager said to every question i asked him this Monday. No clue as to what I am supposed to do next in my project. Terrible. Btw I was spared but have decided to leave. Any tips on managing the job search process while your manager... — read more
Earnings spin coming up !!
Today we are announcing...........................
Earnings today ?
Any clue if this will be good or bad ?
Layoff meant for Success or Failure?
I am not sure if people who are laid off were selected based on criterion meant to grow rather than derail growth of Q. Are these layoff fair and unbiased without any favoritism? What is the general opinion in SD? Wondering if Layoff will really pay... — read more