Topics regarding layoffs at Qualcomm Inc.

Topics regarding layoffs at Qualcomm Inc.

Qualcomm results misleading

https://www.investors.com/news/technology/qcom-stock-qualcomm-returns-to-growth-in-q1/?src=A00220 In a report, Chatterjee called the current smartphone recovery "modest." Also, Qualcomm's results and outlook likely benefited from inventory restocking... — read more 

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| 1880 views | | 9 replies (last February 8, 2024)
Post ID: @OP+1qRFkpav

They effectively said no layoffs for now at earnings

This is the quote so don't spread false rumors of march layoffs. Everyone get back to work (whether you work at Qualcomm or not). "the way we think about it is any hiring that we do will be very selective and focused on really acquiring new skills... — read more 

Earnings don't look too bad?

On the modem side, only downsides I see are Huawei using their own chipset for 5G and Samsung using exynos for some of their models. I don't think they would layoff more modem guys because of this????

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| 1000 views | | 4 replies (last February 2, 2024)
Post ID: @OP+1qR23y43

This is something, at least

At chip maker Qualcomm, the company requires that employees spend four days a week in its offices. CEO Cristiano Amon said he doesn’t see a need to change the policy to full-time in-office attendance. “I feel like four days a week, five days a... — read more 

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| 1720 views | | 7 replies (last February 7, 2024)
Post ID: @OP+1qRMOqeg

PMIC Workplace Culture Improvement Ideas

It is no secret that the PMIC team in San Diego is notorious for its toxic work culture. The toxicity is deep rooted in the department even the HR can't do anything about it. Some examples of bad things that nobody addresses: creating fear, having... — read more 

Qualcomm CEO's pay jumps 395%

https://www.theregister.com/AMP/2024/01/09/qualcomm_exec_pay/ Good for him The "regular" employees got 0% increase

CES Snub??

A little bird mentioned QCOM has been caught doing some shady dealing. A small number of influential companies plan to ignore Qualcomm in Las Vegas. No open hostility, just no time for Cristiano and his gangsters.

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| 1890 views | | 2 replies (last January 13, 2024)
Post ID: @OP+1qsLEvYk

When will RIFs start?

We know they are coming, but when will Qualcomm grace us with the first layoff round of 2024? I say before the end of the month.

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| 3400 views | | 8 replies (last January 17, 2024)
Post ID: @OP+1qnarHdt

Qualcomm Layoffs 2024

Is there going to be any reorg or Qualcomm layoffs? Any chatter, news or rumors?

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| 7990 views | | 13 replies (last September 16, 2024)
Post ID: @OP+1qkzoWdS

Advice for those looking for a change

Very wide range of tech at Q. With 7 to 12 years exp, you'd gain significant exposure with SOC based s/w (if on a right team). Huge advantage and can bypass the LC style interviews at faang should you choose at that point. Change teams/companies if... — read more 

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| 2000 views | | 2 replies (last December 30, 2023)
Post ID: @OP+1qjHzdKT

layoff: against dissent

It's fu--ing funny, an excellent CE veteran I know was laid off and is now being hired by a big customer company, and the boss who laid him off is now going to service him - his boss laid him off purely to fight against dissent.

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| 1860 views | | 3 replies (last December 27, 2023)
Post ID: @OP+1qcL4LNA

More cuts

What are the chances the leadership will let us get acclimated to the new year before hitting us with the next mas-layoffs announcement? Or can we expect something like that in the first or second week of January? Looking at history, the chances of... — read more 

Small world

I just got hired at a new company… and the person who hired me was my former boss at Q who had been fired previously…. Funny how the world works! Even if you don’t like Q - some people at Q are worth keeping in touch with

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| 1770 views | | 5 replies (last December 26, 2023)
Post ID: @OP+1q3Xrmxh

AR23 RSUs are less

I got less RSU (even my rating is higher than AR23) for AR23. Anyone had the similar situation? I

Happy to have a job

I am just happy to have a job. My roommate (of 2 years) was let go my Q and I was retained. He is having trouble finding another position in SD and will probably have to leave the area! I am happy to cover his part of the rent until he lands... — read more 

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| 2420 views | | 6 replies (last December 10, 2023)
Post ID: @OP+1pWUUf8g

Making India look good

I heard that C-level IT management is telling their direct reports to make the QIPL teams look good even though they’re not doing a good job and to divert the credit for all work to QIPL teams even when the majority of that work is being done from... — read more 

More useless promotions

One of our middle managers in PMIC got promoted yet didn't work on a profitable project for the last 5-10 years.

401k cashout?

Got Q'ed last month. Does Qualcomm cash out 401ks or roll them over?

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| 1750 views | | 6 replies (last December 4, 2023)
Post ID: @OP+1pSEe9Fa

It's Quiet

A lot less complaining going on here. I guess they fired anyone that called them out. That's one way to "solve" the problem. I feel sorry for future hires. They have no idea what's coming. Those managers are still there, untouched.

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| 1550 views | | 5 replies (last December 4, 2023)
Post ID: @OP+1pRWvw0U

AR23

So not only we lived with 2 months of anxiety over the layoffs but we are now also 1 month delayed on performance results. Anyone remembers CA letting us know we were getting 30% less bonus that last year? Or was my understanding incorrect?

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| 1980 views | | 3 replies (last December 1, 2023)
Post ID: @OP+1pPvg7OC

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