The next copy-cat move is coming: Google anounced a $99 deal for people who would like to sleep on campus to help RTO. You know what that means: "I'm happy to anounce we are expanding into adjacent markets and entering the hospitality industry... — read more
Feel cheated after working so hard
Why will I not get bonus …company did made profit , I worked hard, I feel cheated and demotivated. They want to reduce , please do ..but why are you punishing hard working engineers. Don’t get it? Because of cost of living , inflation and rising... — read more
What are the expected severance packages?
In general, what is the norm lately?
Why always SW gets impacted in Q?
Nvidia has a good balance in SW and HW engineers resulting in leader in AI and GPU. Qualcomm always preferred HW engineers even though SW engineers masks their HW bugs using SW workarounds after HW tapeout. SW never got recognition in Q and when SW... — read more
REmove or Reduce -- the hierarchy like Meta!
Please make all status collectors as individual developers! There are some good engineers, but a lot of them are sick of bureaucratic status collectors. There are two many old timers as well who just stay there to do "politics".
Qualcomm AI
Qualcomm was (is) too late for the AI game, people started the AI back in 2012. I think need to invest more on AI.
Get rid of all the real estate agents at QCOM.
They are taking advantage of every hard working employee at the Q.
Everyone saw this coming
Q should have updated their compensation. Now they've lost many key folks to our competitors putting us in a worse situation. We've lost our vacation and our benefits is not as good as it use to be. There is no incentive to climb that ladder. More... — read more
Is the CFO not getting full visibility on finances ?
We know lots of steps have been taken towards cost optimization. Many reorg changes happened to improve the processes and make all the businesses more efficient. We paid multiple consulting firms to help us - however, it appears we are at the same... — read more
Ok lets review CA and his team accomplishments
When CA took over in 2021 it was in middle of pandemic and he was lucky to have a wave to ride, so no accomplishment for that year. Whatever there was was either the work of former CEO or the wave of pandemic, low interest environment and massive... — read more
Would executive management take paycuts
The position qualcomm is in is the result of failures of executive management team . I understand cost needs to be reduced but would executive management team takes responsibility and take severe pay cuts? So far the performance of executive ... — read more
Synergies
Q in SD has some very solid programmers and designers. The better ones code at least 5X faster than Q-India. Q-India on the other hand debug issues very fast spending late nights and team work on triaging. Together they could make a great team.
Accept your mistake Q you stuck with modem for years
Qualcomm stuck with modem for years while Nvidia even ousted from Modem and phone processor pioneered in GPU and AI. Accept your fault JT, CA.
Is Volunteer an option?
Would like to volunteer in the coming HC reduction. I would request qcom to accept volunteers to save jobs of others in need
* * * * * sets ambitious Q3 forecasts; AI at the 'heart of what we do'
Yesterday I expected similar flashing title for Qualcomm and not for Amazon today "AI at the 'heart of what we do" ! :-( Amazon sets ambitious Q3 forecasts; AI at the 'heart of what we do'... — read more
First asked to stay now let go
Not long but when attrition was high, we were asked to stay. Loyal employees who listen are getting let go now. We are just numbers in xl sheet. Top management to employees, don't leave its greed and now we don't need you because of our greed.
Once CA said in previous all hands
See its a same CEO who asked employees not to leave Q for FAANG saying the work getting done is more interesting than others. Now CA eats his own words and laying off loyal employees who didn't leave.
Plenty of us would be happy to volunteer
Offer us decent severance, nothing extravagant, and plenty of us will be happy to walk away. This would help save the jobs of those who want to stay and make sure those who don't get to leave. Imagine what a boost that would be for morale, as opposed... — read more
I and C has accumulated lots of dead weight
Every recession jobs gets moved to I_dia and C_ina resulting dead weight and no Innovation. They are lucky to reap what SD has innovated.
QCA makes innovative products which don't sell
The latest products from QCA are pretty innovative and useful. Like the WCN785X flagship connectivity for phones, the audio products supporting wireless uncompressed audio and even some of the router products. These take a lot of effort but... — read more
Too bad modem as a service was not considered
I am no longer at Qualcomm now. Left as a senior staff engineer in 2014. Modem as a service was brought to the table in 2013. There would be a 2 year subscription to the modem after which you couldn't use your phone. MR was for it, so was strategy... — read more
Thoughts on which teams will be impacted?
What areas people perceive that could be impacted in the upcoming Q layoff as announced by CA.
Donuts
NVidia CEO: "We have increased our bottom line selling donuts. Chocolate, cream filled, sprinkles...." Q CEO (6 months later): "We plan on diversifying our core business to include bite-sized mobile donuts. Chocolate, cream filled, with... — read more
Quote from conference call on cost cutting
"So given that what we're planning to do is proactively implement additional actions in first half of '24. And the framework for it is we're going to preserve our strategic priorities. We're going to reduce in certain areas, but then also have the... — read more
They will finally rename the company
Like twitter, it will be a single letter "i" Named after America's favorite country. Be prepared to see more headcount move to "i". Then everytime someone says qualcomm the american conpany, you laugh out loud. Or LOL. Btw, who will call out the... — read more
Cost reduction
Qualcomm said it had reduced costs by 5% so far this year relative to its spending in 2022. In June, it cut 415 jobs at its San Diego headquarters, the San Diego Union-Tribune reported. The company said that it will implement 15-20% cost-saving... — read more
15% workforce reduction.
I wish this news is not true, but heard from a retiring VP that they are working on 15% reduction globally. But not confirmed so don’t take it seriously. Just do your job until you hear it from your manager.
What a Horrible Conference Call
CA sounded like a desperate fool: AI this and AI that, it was pathetic. Then when challenged what kind of apps would use AI on the phone, he danced. Absolutely no revenue growth going into next quarter, including IOT & automotive. OpEx cost... — read more
Layoff in first quarter of next fiscal year, they just said it!
Fiscal year start on 1st of Oct. Notification roughly 2 month before that. So layoff starting from end of August sounds reasonable.
Brace yourselves for round 2
https://timesofsandiego.com/business/2023/08/02/qualcomm-says-job-cuts-likely-after-forecasting-lower-4th-quarter-sales/
Great quarter, no layoff
Until next year Qualcomm said that it will implement more cost savings program in the first half of next year.
We need our manager back!!!!!!!!!!!!!!!!!
Our manager got laid off, leaving our group without anyone to seek guidance from. As a result, nothing is being accomplished on our project and even the Dir and the other manager left are clueless. Our group is in disarray. Please rehire our... — read more
Stock price is up
How’s that possible if we know layoffs are here because sales are bad?
My manager is a realtor
He is always late for the meetings, sometimes he is busy taking calls or replying to his clients, never give any attention. After the meeting he ask to us to send the meeting summary. Many times he is taking calls from phone while showing the homes... — read more
;) This website is so fun !!!!!
Wink wink!!! :D
Fate of QCA
Is QCA profitable being low margin products?