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 $$$?
This is becoming more and more ridiculous
CA in next AHM: Let the hunger games begin… is job security now a dream?
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.
Seems like we have a layoffs in October.
I am not 100% sure, it is based on few people who are VP level or directors level. Q increase the headcount in India.
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.
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
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
How to save yourself from the coming layoff.
Snitching is the QCOM way, turn in all your friends to get ahead. It will help you on your review.
Announces date
Does anyone know the announcement date of the layoffs ?
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
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
Stock going down, recession coming.
Time to ask to go remote while you can
Lay off on October 10th, last day Nov 29th
But Not sure how many, anywhere between 8-12% possible.
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?
Stock value has nothing to do with your job security, pay and raise
When will people figure this out? Company can be doing great, and you can still be easily booted. You think you would get a raise? Why would they give you one? The only ones who benefit from company stock doing good are shareholders and leadership... — read more
Qualcomm's financial report is very good
As always, the growth of mobile phones is high, and the growth of AUTO is even more eye-catching. So will there be layoffs?
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!
Ask ro go remote your ticket to a 📦
Don't wait until it's to late.
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!
What is wrong with Qcom stock price?
Now it is at $171.12, ~26% off its recent peak at $230.63, lost lots of $$. CA sold lots of stocks a few weeks ago!
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