Please post the events of today for the record: how many people and in which divisions.
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I’m very confused. Saw people leaving unhappy but communications are for naught
@1owo+1mFb3LTr
Not sure about other groups, but our group AR22 promotions were postponed to AR23 and required reevaluation, we are a small group under Auto BU.
Did people who got promoted in ar22 get affected?
My manager said in the meeting with the people left, that after this round the cost cut goal of the fiscal year is achieved, ie no more layoffs likely. But remember the fiscal year ends on September 30.
A few people were impacted yesterday in my office, and I am not sure if management did it deliberately, but a number of effected people were failed to do 2 days in the office before May and 4 days in the office currently. A person I haven’t seen him in the office during the entire pandemic until last week was let go yesterday.
Cutting overhead expenses and low performers happened earlier in the year. This round is an actual RIF. Plus there are a lot of voluntary retirements at high titles which will become apparent by end of month.
There are rumors of another round later in year. So it may not be over yet.
@1mpx: No, it wasn't a PIP as a Performance Improvement Plan is a plan to see if an employee's performance improves under close scrutiny and direction over a period of time. I know everyone laid off in my department were good performers. I for one am quite peeved that I'll see nothing from a rather large quantity of RSUs that were part of my bonus package from my FY22 review. Funny that -- Qin2022 "Oh, great job! Here's a big bonus for your good work this year some cash and a big shiny new batch of RSUs." Qin2023 "Oh well, thanks for your great service to the company but remember that bonus we gave you? Well, we'll be keeping most of that after all but thanks just the same." Would have been nice if part of the package would have allowed us to get at least the 1st distribution vest of most recent RSUs awarded.
I was affected yesterday: Sr. Staff Engineer QCT San Diego >20 years. IOS is apparently allowed (at least for some) but I'm done with The Q. I was told that about 30% (9 people) were affected in our department and it's my understanding that about 5% (~1000 people) of US workforce was affected. Good luck to all you other affected folks.
are we sure this is a Bona fide layoff and not just PIP GTFO cleanup day?
https://sdnews.com/es/qualcomm-layoffs-what-to-do-if-it-happens-to-you/
What teams in Ireland have been hit?
Has any RIF been verified? There is no the information in the news from any verified source. This is very odd.
Ireland hit.
Confirmed, San Diego office. Core modem.
Here is what severance package looks like:
2 months of notice under WARN act - you are basically still employee of QC until July 18
Depending on the level you may get x number of weeks as base severance. Staff manager = 8 weeks, Director = 12 weeks, etc...
2 weeks for every year with the company
3-4 months of COBRA costs
There might be some variation depending on the level of the employee but this is a general framework.
@1qus+1mFb3LTr
A source shared severance package includes pay for n+4+2 months, with n representing the number of years worked.
Does anyone know what the severance package being offered is ?
I was laid off today. QCT, 10 years, 8 months
@1gqk+1mFb3LTr
There will be a warn notice, but the list is not daily updated. The latest layoff notice on the list is dated May 10, so I guess you will not see Q’s notice until next week.
Is there a WARN triggered in California?
several people in automotive got hit and I personally know at least 3
Whoever said "CEO should just say AI 100 times." - Childish
Does anyone know SCL reduction count? Is this why upper management asked RTO when the space is clealy not enough?
CEO should just say AI 100 times. Stock would pop like NVDA. No need for layoff.
Everyone who is downvoting my comment about the parking lot situation are a bunch of sissies.
This thread asked for updates around the company to see what the general results were.
I gave an update on my perspective of it (luckily not affected) and yet y’all still mad lmao.
I'm not entirely convinced of a large scale reduction. If comments here are true there is some large scale dark ops going on to keep this on the DL.
Came in at 10:20 AM today, seemed like some folks were let known early as they were heading out on to the parking lot, many had heads down/slow walking.
Made it easier to park closer to the first floor though
Frankfurt office's only senior director shown the door at age 62. Not many others impacted there.
Lot of posts but nothing on the news either in SD news agencies or in finance. Hard to believe because my teams are immune.
I hope this is just an active troll day as I have not heard anything verified.
Lots of 'confirmations' but no info on which divisions
Rif or layoffs?
Were the core DV teams (camera, GPU, modem etc. ) affected?
My manager called a meeting for everyone not impacted, and announced all the impacted in the team has been notified. That’s a better way to execute it.
some QCT layoffs in Cambridge office
Ridiculous if we don't get a mass email. Doesn't appear to be any European layoffs
Can we relax yet or did notifications just pause temporarily for lunch?
I got called into the office… thought I was going to be let go BUT I was given a promotion and a raise… took over for my boss who was let go!!! I gotta say today was a good day!
QCT SD/SCL office 20% were let go. My own team.
This is awful. I remember having survivors guilt as I was hired just before the 2015 RIF. 2018 was not bad I got some extra cha-ching for backstabbing my mates.