Thread regarding Qualcomm Inc. layoffs

Massive cuts in NJ, site to close?

NJ only has 250 or so employees and there are 100+ cuts happening in NJ. NJ is impacted disproportionately. The word on the street is, they have 2 years left on the lease and the lease is not going to be renewed. NJ office will close after that and folks will be given the option to move to SD.

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| 4002 views | | 8 replies (last October 7, 2023) | Reply
Post ID: @OP+1oX9E9cQ

8 replies (most recent on top)

Why doesn't Q propose salary cut for all employees of 15%? Won't that result in sufficient opex savings without resorting to cuts?

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Post ID: @1tzu+1oX9E9cQ

This has been such a hard time. People put so much of themselves in their work, so the idea of losing one’s position is horrible. The next couple days nothing will get done, and everyone will be on edge.

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Post ID: @1afk+1oX9E9cQ

Nj site would be closed along with many small remote sites.

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Post ID: @kbj+1oX9E9cQ

@wgj+1oX9E9cQ
Relocate but no salary adjustment, that is what happened to one of my coworkers earlier this year.

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Post ID: @raz+1oX9E9cQ

@opu+1oX9E9cQ enough already, please. I don’t know whether you’re even working at Q but people are upset. No time for joke.
AR is delayed. Most of the groups and people are already notified behind the doors. Meetings are being canceled. So, please stfu!

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Post ID: @qnz+1oX9E9cQ

No layoff thx to apple deal. Stop spreading fears & rumors!

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Post ID: @opu+1oX9E9cQ

I heard employees at NJ site are safe. Nothing to worry about.

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Post ID: @rlu+1oX9E9cQ

Cost of living (this pay) is higher is SD. For a company trying to cut cost and save money - your post makes no sense whatsoever! Move employees to a place where you have to pay them more

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Post ID: @wgj+1oX9E9cQ

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