https://seekingalpha.com/article/4633938-qualcomm-downgrading-to-sell-higher-risk-profile-into-2024 Hope there is a hope for hope...

Today my manager had a meeting with me and told me I was going to be laid off… it’s very sad to hear that since I have worked for 6 years at Qualcomm. I loved working here and love the people I work with.. I still have mortgage and honestly don’t... — read more 

I asked to go remote after covid not wanting to return to the office, when I can do the same job at home no difference. But because of my age and wanting to go remote they gave me approximately $150k package. Made me very happy I was going to... — read more 

Do y'all think automotive (which I think is doing pretty well) is going to be affected by the layoffs?

anxious day after day

Loosing Apple Loosing Huawei Competition from Huawei Completion from Mtk Competition from Samsung Automotive revenues: dust - Nvidia+Mtk It's clear massive incoming multi-rounds layoffs

Apple SD is filled with the all the same toxic people from Qualcomm and Broadcomm. Going to Apple will be like going back to Qualcomm, but with more work. At Apple, Job stability and stock price trajectory is questionable at best over the next 2... — read more 

Look for the nearest exit and 🏃‍♀️

CA trying to fool investors again with his AI rant.

Legally, SD employees not going into office at least 3 fdays a week may be fired "with cause" .... Aka reduced or no package. Good luck.

Worse comes to worst

Has this happen to anybody else?

I work for Apple. I request qcomers not to come to Apple for work. We work hard, we never do politics, no corruption here, we never work as realtors, we never play tennis during office hours, we work hard almost 10 hours a day, sometimes14 hours. We... — read more 

Was told not to plan on getting anything from IT for a while because Sr Directors and above are being shown the door.

I'm hearing the CE team in UK and Germany would be significantly impacted as the work would move to QIPL. Any idea if the 40% reduction rumour is heard in your circles as well?

Just wanted to share my thoughts on current market situation. I think CA is pretty optimistic and he might be waiting for FOMC meeting on 20 Sept. A rate cut could turn things around for US companies - All the negative sentiments about qc will... — read more 

Qualcomm focuses on AI and auto as Nvidia takes over as world’s biggest fabless chip company: https://www.cnbc.com/video/2023/09/05/qualcomm230905tarasovsf.html

Amon said : It’s hard to time it when everybody’s going to buy their glasses, but we know that that’s going to be the next computing platform for sure.” Yeah right. Everyone is going to buy their glasses.

In January 5%

Whether you stay at Qualcomm or move on, you will not escape layoffs. All you can do is make sure your skill set is not completely obsolete so you can still be competitive in the job market. That's it. Job security is a thing of the past. No matter... — read more 

we were told layoffs will be there in october. Any known date after which we get to know who are affected or if we are safe. Clearly managers do not have any data on this. Its only higher ups who knows something. Also any info if CAD teams going to... — read more 

I looked up into the sky and saw a cloud ⛅️. The cloud spoke to me and told me no layoffs. But the cloud 🌧️ did say a ton of us would be fired!

My manager let it slip that most remote folks were on the chopping block for October layoffs. It is possible I misinterpreted what he said. Have you folks heard anything about remote folks.

then more layoff is coming

With all the layoffs pass, present and future, why hasn’t the majority of Human Resources Staffing Dept been laid off? Makes no sense to me.

We are thinking about 20% lay offs now, but I heard some shocking news, layoffs going to be much higher. First layoffs followed second lay off quickly, combined 35% lay offs. This is unconfirmed, but seems to be authentic.

I am depending on QC bonus and RSUs to finance a rental property in the inland area. Do you guys think it is going to a risky proposition over the next couple of years ?

Anyone has info on ESG? They used to be huge overhead having a lot of high titled ppl. If you happened to be in good books of certain ppl, it was possible to become a director in less that 10 years. Justification was that they "help propagate QC... — read more 

If you are really worried you are going to get paiyd off, just flex your FTO till October and then decide if you have to or want to go back.

75% needs to go RIGHT NOW. WHY WAIT--> This HAS been our Qualcomm's MOTTO but the motto is LOST with Murthy.

Pl. post your details on % of cuts, which dept, severance details, etc…. Good luck.

What do these companies have in common? Bed Bath and Beyond Sears Toys R Us Qualcomm

Print my words Next month: 20% lay off. 2400 in SD March 2024: 5-6% lay off 450 people July 2024: 12-15% (Apple modem announcement) 750 people.