Topics regarding layoffs at Qualcomm Inc.

Topics regarding layoffs at Qualcomm Inc.

No layoff, all rumors

There won't be any layoffs this year, even though Qualcomm needs to reduce its workforce by 20%. However, it's essential that senior staff and principal engineers be included in the layoffs. Many of them are doing work that junior engineers could... — read more 

Layoff confirmed. Any suggestions on volunteering

I have multiple sources that can confirm the layoffs, and names are currently being compiled. I'm not sure if I'll be on the list, but I’m considering volunteering. How can I ensure that my next employer understands I volunteered and wasn't passively... — read more 

Fat Paychex

Too many principal and above earn fat paycheck and contribute very little in terms of execution or strategic vision. Did someone speak about save $$$?

Oct layoffs most likely.

This is coming from a VP who reports to Baaziz. Remote sites like NJ and Boulder will be impacted the most. SD will see around 5% reduction. Overall it will be 10%. They will compensate the reduction by hiring in QIPL.

manager title without any managees

See many manager titles without any managee. Get rid of these hollow managers and save money. Same for senior director, engineering - convert to senior director, technology.

Cisco big layoffs

Cisco Said To Be Planning To Lay Off Thousands Of Employees In Second Job Cut This Year, According To Sources Announcement Could Come As Early As Wednesday

Tech sector

If the Tech Sector was anatomical, NVDA would be the brain, Q would be the colon.

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Post ID: @OP+1tVrP8A2

SD: Apple is America’s semiconductor problem

Here u go: With the 2022 CHIPS Act, the federal government made a massive investment to reshore semiconductor chip fabrication. Why? Covid-era shortages of semiconductor chips had revealed America’s shocking dependence on brittle... — read more 

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| 1080 views | | 1 reply (August 9, 2024)
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No layoffs till Sept?

I hope it’s true what peeps are writing here. I just can’t afford to lose the job now.

Is Friday 8/9 confirmed?

The only bright spot in that would be that at least the weekend wouldn’t be ruined by anticipation-induced anxiety. Only with anxiety about finding another job or the next round of layoffs. Still better, a bit less stress. I hate this company and... — read more 

Some rumors about coming layoffs are outlandish

But given the general state of affairs, I wouldn’t be surprised if the worst are true. Claims about 10%-12% reduction sound about right. If the cuts get worse than that, it wouldn’t be a shocker either. It’s time to start looking hard for another... — read more 

It's time!

Do you know when the layoff date is ? What % ? To the ones going to get layed off all the best , to the ones who make it out unscathed, well your number will come too

Real estate realtors

I've heard that HR is gathering names of realtors from various sources to include in the upcoming layoffs. Anonymously, I submitted the names of a few individuals who misuse QCOM for personal activities during work hours. They lack any sense of... — read more 

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| 2010 views | | 8 replies (last September 23, 2024)
Post ID: @OP+1tQGN8iI

Upcoming layoffs

The upcoming layoffs will see a 10-12% reduction, affecting several system analyst positions along with roles in IT, HR, Legal, and other major core areas. Typically, low-paid IT and analyst positions have been the last to go due to their lower... — read more 

Huge Qualcomm layoff coming

Qualcomm has an internal plan to evaluate business for inevitable huge loss of top market, potentially 35-45% could be laid off in the next 18 months, so please be prepared. I think the only way out is for QCOM/INTC and many others to split into US... — read more 

Good resume addition

That's about the only positive thing I can say about Qualcomm after working here for a year. Even that is based on its past successes and not the present. I had such high hopes when I was first hired, just to see every single one crushed once reality... — read more 

Life in MST over the years

How did MST transition from having smart, hardworking folks about a decade ago to the s**thole it is today...quality of engineers has gone to dust and the current crop is unwilling to problem solve

Time to hire Intel people?

Will Q's hiring managers show nepotism by hiring people from the same region, their own relatives, friends, or friends' relatives?

Qcom is not even trying to stay competitive

Year after year of falling profits is a good indicator of trouble. Did they do something sensible about it that would secure the future of the company? Of course not. Non-strategic interventions like cuts where it may appear there is fat at first... — read more 

No layoffs

No layoffs happening! Stock is going up! With this stock price, layoffs should not happen!

Not now! Maybe next year!

At present, there is no plan to lay off employees, and Anmeng also said that there will be no more layoffs. Maybe there will be layoffs next year? This is a smoke bo-b released by former employees, and no one has confirmed the news so far!

Apple is dropping Qualcomm?

Apple is accelerating its move away from reliance on Qualcomm. In 2025, two new iPhone models will ditch Qualcomm's 5G chips and adopt Apple's in-house 5G chips: the iPhone SE4 (1Q25) and the ultra-slim iPhone 17... — read more 

Qcom realtors

There are still many employees at Qualcomm who are working as realtors, using office hours to serve their real estate clients. Some of their managers are even partners in this side business. The upper management should take action and terminate these... — read more 

Are October layoffs really coming?

I know it’s still rumors, but I would like to know at least how likely it is that the round will be as massive as some rumors imply. I’m scared of losing my job, I don’t have much wiggle room currently in life to be not worried. I really hate this... — read more 

The Dark Side of Corporate Efficiency

Things have gotten really messed up post-pandemic. Big tech just laying people off left and right, even when they're doing well financially. It's all about "efficiency" - aka making execs and shareholders richer while we all live in fear. It's like... — read more 

Working in Q now is like playing the Squid game

Only that it drags longer and the money pool is not getting bigger each time. After surviving one round of layoff you get to vest your RSU for a full year. Actually it's not just Q, it happens in most of other big name tech company as well. — read more 

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