Topics regarding layoffs at Qualcomm Inc.

Topics regarding layoffs at Qualcomm Inc.

No motivation!!

How are people supposed to continue working and producing results in this environment? Why even go to work?

This used to a great company

I'm feeling nostalgic these days. How is it possible that a once great company is now a place that everyone wants to leave? I never could have imagined that happening here before.

There are ways to reduce stress

Go for walks/excercise, delve into hobbies, work on updating your resume, share concerns with peers and talk it out, you are not alone, get your LinkedIn updated and start checking job sites. Working on being prepared for it if it happens to you... — read more 

Dose of reality

Quit complaining about the C-suite etc. Hiring bubble the last 3 years where every engineer and his dog could change jobs and command huge sign on bonuses are gone. That was abnormal including the cost-of-living adjustment due to abnormal consumer... — read more 

Nobody is safe

I'm not saying this to get people to worry, but let's be realistic. This is Qualcomm. Unless you are a member of the C-suite, you are not safe. It doesn't matter how good you are at your job or how much of yourself you give to the company every day... — read more 

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| 1970 views | | 1 reply (August 10, 2023)
Post ID: @OP+1o2yB0eo

Top 10 Things Every Qualcomm Employee Should Do Now

Don’t be paralyzed by anxiety and fear that your name might be on the layoff list. There is nothing you can do about – it is completely outside of your control. Remember, your boss is probably as paranoid as you are. Take charge and own your... — read more 

Which BUs should be cut?

Qualcomm has opened a lot of BUs in the past years, among which there are some people set up for the sake of turf promotion to fool the CEO, and some people have no ability to take over an independent BU except for the ability to sell ppt. what BUs... — read more 

Marketing?

Will the marketing dept. get trimmed? If so I sure it won't be until they get their annual Hawaii trip.

Groups that are safer

Okay, I know that you will now say that nobody is safe and that everyone should be prepared, but are there any groups that can feel at least a little bit safer?

Q will fade away eventually

CA has no idea how to turnaround, just cut, cut, cut.. why not cut himself out. Q is not a legendary company anymore, is dying with bad management and no future plans, kiss my a-s automotive, phone AI.

COVID Hiring?

Anyone know the number of people hired during COVID?

Deceptive layoffs

Following the previous round of layoffs, they deceived you into thinking that they were financially stable and that your positions were secure. They quietly conducted gradual downsizing to avoid causing alarm. I have been cautioning you about... — read more 

Does anyone know % in SCL?

Does anyone know layoff % in Santa Clara? What about the wifi division? So far I have not heard anything confirmed as a bottom person.

Can't stop stressing

There are a few things I hate more than knowing about layoffs and then having to wait for them to happen. All the guessing, speculation, anticipation... All of that is ten times worse than simply getting an email or being told in a meeting out of the... — read more 

Deceptive Layoffs

Don't believe them! Following the previous round of layoffs, they deceived you into thinking that the co was financially stable and that your positions were secure. They conducted gradual downsizing to avoid causing alarm. I have been cautioning you... — read more 

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| 950 views | | no replies yet
Post ID: @OP+1o0wJS4t

25% reduction confirmed

SVP who is a close mentor and friend advised it is 25% target. Every team will be affected, they will analyze all employees subjectively, not just what is in workday. Fear not if you are actually good. If you are of average quality, sorry. — read more 

Positions affected

What level of employees will be affected, will it be higher level (staff/senior staff) or new hires as well

It's coming. Everyone leave now.

https://simplywall.st/stocks/us/semiconductors/nasdaq-qcom/qualcomm/news/institutional-owners-may-consider-drastic-measures-as-qualco

We have to accept layoffs are here to stay

There will be no round one, round two, and so on. What we will have is a constant stream of layoffs every few months with no end in sight. Not until we get different management, at least.

Disappearing till October!

As I understand they will review ongoing projects and then cut staffing based on the outcome of that review. If you are not associated with any projects, you have no reason to fear as your name will not pop up! Administrative assistants, PdMs... — read more 

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| 3320 views | | no replies yet
Post ID: @OP+1nZ5Hs0f

About to start looking

I hoped I could stay here and avoid having to look for a new job at my age, but knowing how many layoffs are about to happen, I can't rely on hope anymore. I can't emphasize strongly enough how much I didn't want to find myself in a position of... — read more 

Qualcomm Intern

Just wanna ask full time guys. According to you guys' experience in Q, will intern student still get return offer or totally cut all intern headcounts for intern in summer 23?

Is this the right time to leave?

From the email, Layoffs are expected to happen till mid-2024. Right now, there is going to be a huge layoff in October. Please correct me if I'm wrong. Our team is already under staffed and more layoffs will be painful. And I believe the positions... — read more 

Layoffs and Bonuses

I just read an article that from a CEO's perspective if you have to shut down something that isn't profitable you can obviously increase the stock price and earnings and get a big bonus out of that despite announcing layoffs.

Suggest ways to switch up...and stay prepared

Been working with a Q's legacy systems from last 18 years. Please suggest me few affordable programs, resources that could help me to switch up my career and stay prepared for any odd circumstances here in Q to find the another opportunity in market... — read more 

Mass resignations instead of mass layoffs

Why we The Engineers have to be dependent on any company. If we can make a company Great we can break it also. I wish we had that unity and power to tell them. But everyone is so consumed in their own world and problems we are slaves of our own... — read more 

When?

When so you guys think impacted will know this round?

How big will QCA be impacted?

Back in 2018, in the AH after the layoff, a leader mentioned higher ups discussed if to close the Bay Area office, they found this office provided good value, so no shutdown. Does anyone know roughly how much will QCA be impacted this time?

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