Heard lot of them got letters today asking if they want to volunteer. Will be interesting to see what happens next
Major announcement tomorrow - hold on to your butts
Hearing big announcements will be made tomorrow. Lot of hush hush meetings today. Something to mollify shareholders before the Friday meting ?.
SM busy these days ...
SM busy looking for new job, that is why we have not heard from him for a while
QCOM stock - I'm tired of it.
Geez - QCOM stock is nosediving again! In general QCOM has averaged to the low side of flat. I should have dummed that stock years ago.
SM to step down on Friday. CA will be interim-CEO.
CA will be interim-CEO for now, but is expected to become full-time CEO in a few months with BoD's confirmation.
Is the datacenter unit being spun off?
Has there been any information about this besides speculation?
No resignations so far!
Amazing! He did these people Make t the top anyway???
Looks like the news moved away from qcom to the facebook now. Lets see how ceo handle things there. Should there be something our management to learn from.
Volunteering for Layoff not Fake news
Guys, this isn’t fake. Lots of groups received this email today. They want volunteers to notify their management by March 26 if interested. Thereafter the actual layoff begins mid April. May 21st seems to be the date by which people would leave... — read more
CA to become CEO
SM will step down this friday after market closes. CA will be promoted as the new CEO. CA is busy with last minute PR training to give bullish speeches, TV interviews on how new changed Qualcomm under him will be the leader in 5G, Automotive, IOT... — read more
Is this a new management style, scare and b---s--- employees?!!
Although it could have been a PR stunt by CA to predict layoffs to get some shareholder traction, the cost cutting/restructuring surely means layoffs.... then what the hell these guys are doing by keeping us all in limbo and destroying morale??!! Get... — read more
NXP aq. still on track ?
Its been a while we got an update from qualcomm.
Hope CA does not become CEO and destroy QCOM completely
He does not have any vision. He is always late on his vision and just follows the market. Qcom should have done RFFE 3 years before it started and same on ML and other things. If there is no leadership and vision - one should not be CEO.
2/20: CA :- "It's going to be weeks .... not months"
CA: I know you like jokes.... But that was a cruel one.
Good Things Ahead
Hang in there Qualcomm employees and you will surely beat Intel in the 5G race. I have a phone ordered with the 845 chip and I am most anxious to put it through a series of speed tests.
Snapdragon PC review is out
Mediocre review for snapdragons in asus laptops....not good
Should Intel buy Qualcomm?
This guy seems to think it should, and he lists three (to be honest, good) reasons why that's the case. Qualcomm also remains a lucrative buyout target in its weakened state. It's lost a quarter of its market value since it hit a multi-year high in... — read more
Seems like an extremely negative viewpoint
https://seekingalpha.com/article/4157616-qualcomm-fearful-aftermath
Facebook just joined the club. Let it go down together.
Retention
Will there be retention bonuses handed out this time? How much is it going to be?
Voluntary layoff
Operations SVP sent an email about voluntary layoff. Deadline to talk to your manager is by COB of 3/26.
8:00am 3/23
Reply +1 if you will be there. Show them that employees are important as well as those institutional shareholders.
Legal Options - Employment Law
If you are departing and you feel you’ve been wronged during the upcoming Qualcomm layoffs, do not sign any docs – this will keep your legal options open. Pursuing the legal option may cost money, so be smart and calculated no matter what you decide... — read more
Still amazed not see any resignations
At a minimum SM and CA should do the Honorable thing and resign!
Someone should be laid off, honestly
Hiring his friends even interviews failed, discussing salary with ex-colleagues and argue for increase in first review cycle, eventually got promoted, and kicked off ppl not from his clan. Hard to believe it happened in QCOM, China.
Paul Jacobs Out- May Want To Take Qualcomm Private
Paul Jacobs expressed disappointment that Qualcomm's Board of Directors has decided NOT to nominate him to the Board going forward.
Qualcomm Glassdoor Reviews
What are your thoughts on all Qualcomm reviews on Glassdoor.com? So positive, so inspiring... The Overall rating is 3.9/5 - this is hardly matched by any other company. 71% approves the CEO, great work-life balance is cited as the #1 characteristic... — read more
Should have taken the Broadcom deal... regrets....
https://www.cnbc.com/video/2018/03/19/qualcomm-resumed-underweight-at-morgan-stanley.html Anybody want to take these stocks off my hand at $82?
QCOM < 60
Are we going to see 40s before end of March or will it take until April ?
QCOM Thrashed
Morgan Stanley downgrade target $55. Thrashed on Fast Money Half Time. Never see $80 again. Get out while you can. That is all.
Be kind to employees, always...
Class of 2015 here... Look, they're going to lay people off. That's not going to change. But what the directors can control is what they say in the layoff meeting. What words they use. What their body language says. The message should be, "we really... — read more
How many of you really think CDC had great leadership and agree top/middle heavy MGMT ?
Most of them are only 20% bandwidh loaded, and their main role is Adding ++ (lead role) 2 forwarding down CR and up status, minimum 3 levels passing down assignment 3 echoeing email ( I concur ) or simply giving weightage for less useful mail Jumping... — read more
HR - please just let employees know when does it start and end
No productivity and tense atmosphere Your role is to ensure we are in peace and not destroy it .
Intetesting article on layoffs and H1Bs
https://m.timesofindia.com/business/international-business/top-h-1b-visa-sponsors-staff-allege-poor-treatment-by-indians/amp_articleshow/63362732.cms