Yes, non technical program/project managers & directors make product decisions all the time in various support divisions I had been with. I guess it makes them feel important to tell people what to do and force it no matter. They simply move from... — read more
If I was to run Qualcomm
If I run Q a) Remove the titles of people : No titles. Everyone is employee....and managers. b) Performance to be evaluated by everyone. You can review everyone and anyone you want. You can write whatever you are writing on this site. The evaluation... — read more
Hitting Middle Management
The Q is already or has been hitting middle management by cutting the many extra benefits of the executive plan. Essentially they are getting the same coverage as a new hire. They truly have lost that connection with their employees. It use to be a... — read more
QC is between a rock and a hard place
QC is between a rock and a hard place wrt apps processors. Apple and Samsung on top, Mediatek on the bottom. Intel, Nvidia, TI etc. lurking nearby. On the modem side there is competition from many vendors. The rest of the tech world has caught up to... — read more
Mollenkopf fiddles while Morehouse burns
Am guessing the reason Steve looked so nervous at All Hands was that $20 Million doesn't go as far as it used to. Meanwhile, Paul has to fly his Canadian wife clone all over with him. Lucky that Qualcomm is still footing the bill for the private... — read more
QCOM is becoming a company of project and program managers who are eating all cream and left over is coming to real work force
in long career of 8 years i had seen how core values have diminished. It was just few years ago we used to talk about issues, technical details, brainstorm small to big things .... not we talk about resource mountain chart, we see PMs taking decision... — read more
Thank god I was laid off from Qualcomm.
Otherwise, I wouldn't have moved to Silicon Valley and taken the job with Apple.
I have never seen Steve M. being so nervous! DON'T worry about stock prices, my fellow QC employees! Steve said so.
I have never seen Steve M. being so nervous and fidgeting so much during all hands meeting. His voice was breaking on a couple of occasions and he was almost stuttering in the beginning of the meeting. George’s presentation is also a joke. “The... — read more
The Gang group (Steve Moll, Christiano, Murthy...) destroyed this company. They need to go, and one of the founders should step in as CEO again
share holders!! you brought it to yourselves! but this is just the beginning. let them go before it is over
LTE baseband report
QC is still the dominate LTE provider, though MediaTek, Spreadtrum and Huawei looks like have been gaining ground. Once you give the technology know-how to other companies that use to be your customer, it's only a matter of time before they become... — read more
McDonald's CEO steps down as sales decline
Role model
So it looks like Qualcomm is down 6% after hours. Those put options don't look so bad afterall.
Like I said. If you bought a January 30 put option when the stock price was still $71/share for $1.50/share, that put option is probably going to worth $6.50-7/share tomorrow. And it would have been cheap insurance versus taking a $5-6/share hit from... — read more
It's all about "unlocking shareholder value" (layoffs)
When I first started at Qualcomm decades ago, Irwin and crew's emphasis was always about innovation and pushing the envelope with IS-95. Years later, it was about pushing the envelope with HDR, and then again with OFDMA and its Flarion acquisition... — read more
What do you do with $95 million anyway?
Do CEO's actually spend $95 million, or is the amount like a trophy and a way of keeping score? It just seems sort of, well, sick. Especially when there are pending layoffs.
Why are all semiconductor/hardware companies going down except Apple?
Please populate this post with your thoughts,
What did you learn at Qualcomm?
Please be polite.
which else to go if layoff?
broadcom,samsung,intel,mediatek. are they better than qualcomm? as an individual contributor, I think we should still be able to get a decent salary to pay for the mortgage. The market is not bad these days. get layoff is a lucky thing as you get... — read more
All hand questions
What questions would you ask Steve M in the All Hands Meeting next week if you knew your question would be anonymous?
Layoff is biased - older and more experienced going first
If you look closely at the statistics, the Qualcomm layoffs are very biased. They hit older employees way beyond the statistical average. Is this trading experience for cheap labor or outright age discrimination.
What i like best about this forum...
Exposes the true QCOM culture and how dysfunctional it is..i also like how it has become the official employee forum for sharing the latest relevant news/company developments and is not propagandizing, unlike the QCdaily newsletters
Anonymous59943 is an office snitch
Let the discussion begin as to why office snitches should be eliminated. We have one on here aka Anonymous59943.
Post here if you've found another job yet
Market seems pretty tough...not a single interview yet and I've been getting the word out about my availability since after the new year. I hope we are not at the start of a repeat of 2009..
Qualcomm Pays Mollenkopf, Jacobs Combined $118 Million
Steve, Paul, I know you are not worried about getting layoff but if you accidentally stray on this blog, I want to let you know I absolutely trust you guys.
pseudonyms
It's clear that Anonymous )59662,59653,59649,59648,59521,59428,58917,58801,58222,57977,57871,57226,55978,55950,55931,55855) are the same person. So why not use a pseudonym. My suggestion would be "The Patron Saint of Ellipses Laden Tech Rants... — read more
Here's a comparison I thought might be interesting to share.....
When you Qualcomm employees need to travel internationally, Qualcomm puts you in a nice Business Class seat and a nice hotel.... When MediaTek employees need to travel internationally, they fly coach... Now think about how much travel everyone is... — read more
The harder you work and the better employee you are at Qualcomm in following the rules, the more likely you are to be replaced overseas...
Unfortunately, with the way things are in Qualcomm. If you are actually a good employee in the U.S. and completely document your architecture, design, implementation of your hardware/software/firmware etc, you really make it very easy for someone... — read more
Man, one of my neighbors is a Senior Staff Engineer and another is a Director, and they have a great executive health plan...
They were talking to me about it how in years pasted, free massages, and a $4000-5000 extra bonus for any medical/dental/eye/health credit..That was on top of an already good healthcare plan that is managed by United Healthcare.. (Qualcomm self... — read more
I'm surprised Qualcomm hasn't eliminated accrued vacation pay yet.....The industry norm in tech seems to be heading that way....
I'm surprised Qualcomm hasn't adopted an unlimited but no accrued vacation policy yet to save on cost.... A lot of tech companies are already doing this....The basic idea behind it is employees have unlimited vacation, and if you want vacation, you... — read more
Hedging strategy for Employee Stock Options/RSU/ESPP shares before earnings.
Here's just some friendly advice. Take it with a grain of salt from a previous Web 1.0 web company employee that had a lot of unvested and vested stock grants... If you have a lot of of "in the money" stock options, or you have a pretty sizeable ESPP... — read more
Another imminent layoff in the coming days-1000
Where is well-placed sources within the organization have pointed out that another layoff might happen in the coming days. The Numbers range from 1000 to 2000
Samsung drops QC chip
http://www.bloomberg.com/news/2015-01-20/samsung-said-to-drop-qualcomm-chip-from-next-galaxy-smartphone.html
This are pretty messed up in America.....
On one hand, you have employers that want to shaft U.S. workers by reducing pay, reducing compensation packages, moving job overseas, outsourcing,and throwing you into the unemployment lines. On the other hand, you have a government with a Liar in... — read more
Management math says...If you want to have a baby...Instead having 1 U.S woman taking 9 months to have a baby....hire 9 overseas women....
...so that you can have a baby in 1 month...since for the same money you spend on that 1 U.S. woman, you would be able to afford 9 overseas women, and get 9x more productivity in having a baby...
Is today a working day for QCOM?
Is MLK day a working day for QCOM?
Instead of hiring engineers overseas to save on cost, how about hiring marketing and program managers overseas to save on cost.....
Since bean counters like to do bean counting math and propose hiring 6+ engineers in bangalore or china "for the same cost as hiring 1 engineer in the U.S.".... I think companies would save more money if they hired 20+ marketing people for the same... — read more
Why I gave up my engineering career
http://retireby40.org/gave-up-engineering-career/
$70/share. here we come... told ya
Welcome to the race to the bottom.... Not only will things be free, but companies will pay the customer to switch over... http://www.thestreet.com/story/13013670/1/qualcomm-qcom-stock-downgraded-today-at-drexel-hamilton.html?puc=yahoo&cm_ven=YAHOO... — read more
U.S. Companies Will Never Be Able to Compete Based On Cost Alone....
If U.S. companies can only compete on cost alone... It won't win against the asian players...even if it massively outsources everything.... The only advantage american companies have is if they can out-innovate everyone else and charge a higher... — read more