No layoffs for now
9 replies (most recent on top)
@OP, will reduce opex beyond our announced target - if you get the reference.
Better than that, 5% stock price reduction achieved easily in one day!
Not in Qualcpmm anymore for the last 7 years.
But they did not go on binge hiring during the pandemic - at least in the USA right?
OP is an id--t
@ksn+1mrSW7iF not calendar outlook dummy, the "earnings outlook" is way below market expectations
QCT Earning Before Tax(EBT) down 37%, and Q3 outlook even worse. It seems a layoff being inevitable.
The list is ready. The management is trying to reduce the impact by asking people to volunteer. If a SVP reached the goal by having enough volunteers then there will be no layoff. The list will shorten as more people volunteer. The goal is to reach pre pandemic levels
What is in the outlook? Nothing unusual. Just weekly meetings for planning and read out. If it happens elsewhere, sorry for that. But I don’t think so. When is it ready to be announced but not today? It is anonymous so you better give legit infor than vague one and spreading fears.
Maybe you didn't see the earnings report and outlook? There will be layoffs in QCT, it's ready to be announced.