Taylor the pouty finance vp is getting a raise. $400k per year.
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How were you notified that you’ll receive a package? Email or face-to-face? Firm last day or tbd?
@4bem+1lHDNKCe, what is your title? Which team?
Only in San Diego, not in other sites like QCA?
Yes, i was told yesterday that i will receive a package. Narrative is that the company over-hired during pandemic, back story is numbers not rolling up for 2023 so need to cut OPEX. Lots of discussion around cutting older vs younger employees, the reality is that both groups should be impacted and the best employees retained but in classic qcom fashion they will cut older employees while maintaining execs bonus. Lets face it execs are compensated by the stock price, they are more than happy to forego the long-term health of the company to make bank in near term. With regard to mentoring, to many times I have seen neglect from older employees willingness to educate the younger employees. After the 2018 cuts, when most cuts were 15-20 year verts, the older employees understand that there is no benefit in mentoring just to be cut. Cheers to all, look for forward to the package.
@1mdu Thank f@cking god. About time. You can't fool all the people all the time.
rename the company to GunavattaComm already.
Meta Universe canceled.
AR.
VR.
B.S. canceled.
CE kiss butts are on the chopping block. Big housecleaning coming. There should be plenty of parking on May 1.
The offices in BLR and Chennai are ramping up!
US is closing shop, except for the brothers and sisters looking over this transitioning period.
April second week 1000-1100 people. Massive layoffs