two month Notice will given to H1b visa holders, CONFIRMED!
If this is watching marketong, sales, hr , bean counters getting screwed, I would be fine with it...but...
Unfortunately I think this will be watching good engineers getting screwed....not cool.
Layoff widely reported now ...someone please save us all from what is about to happen !!!!! Good luck to everyone ! We will all need it.
for those of you with faith say a prayer .
send your resume to dothill (in Longmont CO)
good pay, lot of jobs, send directly to HR don't look for ad.
Guys if this is your first time getting RIFed, its not that bad...
Hang in there people. Many of us have gone through downsized and seen our peers RIFed. You aren't alone, and don't take it personally. Its a sucky feeling initially but things always have a way of working out moving forward. Some of you will find... — read more
Damned if you do, damned if you don't.
This sucks. Now that major news is piling on this rumor, it sucks for employees if true. But if they don't do a big enough layoff, its going to disappoint wall street and sink the stock.
Not bad 3000. 1000 may be elsewhere, 2000 in San Diego. Contractors go first. So only 5% will be affected in San Diego.
Not bad at all
http://finance.yahoo.com/video/qualcomm-may-cut-several-thousand-203000653.html
This seems to be reliable as this reporter extensively cover QC and should have internal QC connection...
Starting tomorrow mid-morning, those affected will be getting non-descript meeting invites for Wednesday...
..when they will be asked to GTFO. Good luck to all and try to get some sleep tonight. Pop a couple of zzzqils before you hit the sack and look for a special meeting invite in the morning
Qualcomm execution = Intel with a few years of technical creativity rotting slowly...
...As it heads towards intel's direction of already successfully fully rottened by marketing, HR, bean counters and big bureaucracy.
The bean counters have finally ruined what was once a great engineering driven company
Mission accomplished! HR and marketing and bean counters so out of touch with reality running a tech company. This is going to end well....
Engineer layoffs versus HR layoffs
I bet when layoffs happen a disproportionate amount of layoffs will be all you well educated STEM degreed engineers that worked a lot in school and made a lot of personal sacrifices while in school and while at the Q..Meanwhile, I am confident most... — read more
A story
A story about bricks. Long ago, there was a small company that was in the business of making bricks. The founders were visionaries, and realised that most of the people live in homes made either of stone which were hard to build, or simple caves... — read more
Well looks like Reuters news picked up on the layoffs rumor
Go to Yahoo finances section for Qualcomm. They are quoting 10%...pile on.....
"M.Gandhi" - please do not spam any more
I'll report all your posts and admins will remove them, it'll be just a waste of time for you - admins are pretty good with deleting nonsense and redundant posts
They are going through similar H1B issues
She should be working with us instead of Fossil - Saw this on Fossil's page (https://www.thelayoff.com/fossil): I am a Reuters reporter trying to find American IT workers displaced at Fossil - Please contact me at 202 354 5831 or... — read more
No Layoffs. Uhh, wait...
Wow that's great! No layoffs? I wonder why I was one of the people let go. I was told there will be plenty of others. I did get a severance package. Two weeks vacation pay, medical insurance through the end of the month, a job transition program and... — read more
To see what how the package works and how to negotiate it, Read the long post below titled: "You have brought this upon yourselves" by M.Gandhi
https://www.thelayoff.com/qualcomm/post/4927920346759168
Good place to work good benefits, now hiring
dothill in Longmont, 40% cheaper to SD, 1/4 housing price 9-5 work
It seems no lay off at all, all rumours
I spoke to Q senior Exe who is a husband of former colleague. He is not aware of any layoffs. he was surprised hear that news.
When you take your bmw or Porsche in for service...
The shop rate is around $150/hr (assuming you are out of the 4 years of free maintenance on the bmw). When you get laid off and are looking for contract work as an well educated engineer, the ceos /vp's of companies like the Q think that paying you... — read more
Bolt To The Q
I guess the only people bolting to the Q are doing it as part of a Kaiser Permanent race, because everyone else is busy bolting FROM the Q. http://www.cbs8.com/story/29583110/fans-race-around-qualcomm-for-bolt-to-the-q
Plumbing issues and the funny part was.
I had to have a bunch if copper pipes redone. So I get my trusted plumber to do it. Its funny that his per hour rate was around $200/hr. Thoght that was ironic comparing to what many Q engineers with a college degree make.
One in 30 years opportunity
This time is make or break for Q and if they really care, they will make it right by 1) firing people that without any doubt are not contributing 2) get rid of low performers 3) implement a flat management structure and remove excessive status... — read more
I asked for my options since they told me work for my position was slowing down
I asked for my options since they told me work for my position was slowing down. They're telling me that they're not eliminating my position. So they said they can't offer me a severance package. Been with the Q for a long time and can't believe that... — read more
Layoffs will be good if
Get rid of low permormers Get rid of VP's and Directors with single or no reports Get rid of expensive people who are only around for historical reasons that they help build the company, but really dont do much anymore. (They must have made lot in... — read more
My window installer lives in Rancho Santa Fe
Just switched out all 10 windows of my home and I was chatting with the guy that sold and installed the windows with his crew. He was dude in his late twenties. We end up talking and the guy lives in Rancho Santa Fe in a SFH he bought there a few... — read more
It's the semiconductor industry, stupid.
Lol. Qualcomm's problems are nothing compared to Intel's....Lol....Stay away from the semiconductor industry. It's going to be a bloodbath to the bottom... — read more
LOL. Without even joining the new company yet, the value of the RSUs at the new company is now worth more than my remaining unvested RSUs here..
...times two. And the best part is that, I get to remain in San Diego. I'm currently trying to get the rest of my buddies through the interview process there. But once my buddies get an offer, and if there are remaining software positions available... — read more
I'm so excited about this week....7/22 should be commemorated at STFU/GTFO Day!
I can't wait until this day happens. We can then put to rest whether the big layoff rumors are true or not and one side can STFU or GTFO. I hope I get laidoff. I really want my package. I'm tired of working in the Semi Industry and my next gig is... — read more