This is not a prediction, targeted reduction of workforce being planned/targeted. You don’t have to believe it, news is 100% from reliable source. Plan accordingly.
Will there be layoffs in July?
The threat of layoff is taking a toll on me. Will there be layoffs in July? Does anyone know the scope of it? News article reporting 4 digits layoffs circulating online since May.
Aqusition by NVidia
Does it make more sense NVIDIA acquiring Qualcomm? Rotten childish management style of Q needs oiling. Bunch of management Jokers . With 5% reduction since may and now only difference is 28. Do they laid some and hired as many ...
Realtors and other freeloaders
One employee in our org does not come to in person meeting at all despite having assigned office. Realtors have started their advertisement again. Makes management complicit. All these two job guys and other freeloaders in management are dragging the... — read more
Job offer I received
I got an offer that I like, BUT the company had layoffs less than two months ago. Now I'm not sure what to do. Logically, if they just had layoffs, it should be good news for me. Most likely they won't have more for a while. But would any of you... — read more
Moving tech to low cost regions
From an earlier post "Having worked in Q as well as a Faang, Q's technical challenges often surpass that of faang. Low level constraints in memory, efficient message passing, cache, security etc that one needs to think through and gain expertise over... — read more
Apple 5G modem
Any news ? Heard they are in trouble, and might extend with Qualcomm again
Next Round of Layoffs!!
Anyone any news of next round.Will there be another round?
Be protective of your belongings
In QCA, I have seen an engineer put all his unfinished tea cups on the lab bench of another engineer he disliked, all the tea cups with liquid around the emulation machine and above on the 2nd shelf of the bench. The tea cups lined up in a way that... — read more
Unfortunately another lay offs around the corner
As China and Asian countries slowing demand for SC, very tough time. Our company is also over hired, we can do much better with just 50% of the work force. Now massive lay offs like Facebook is needed to survive.
LAYOFFS AND GROUPS GETTING MOVED
Jobs are being cut in small increments and groups will be shifted to India.
There are no layoffs, is it just Q is "shifting" R&D to "other" places
Let me ask you this Who did they give you to "help" with tasks? Where do they move key projects to? Go to IOS page, which country has most of open positions? See? Now you know.
SAVE YOURSELF! CO IN SURVIVAL MODE!
The cuts come as the semiconductor company has seen slumping sales and plunging profits.
Layoff breakdown! Did it hit the next door office?
Santa Clara County 05/17/2023 06/14/2023 07/18/2023 Qualcomm Incorporated Layoff Permanent 1 3050 Oakmead Village Drive Santa Clara CA 95051 Santa Clara County 05/17/2023 06/14/2023 07/18/2023 Qualcomm Incorporated Layoff Permanent 12 3090 Oakmead... — read more
I WARNED YOU ABOUT THE NEXT ROUND
Qualcomm is laying off 84 people in Santa Clara. Next is SD and other offices. They are laying off a little at a time as to not sound any alarms. 🔔🛎
Bit nervous..Am I the only one who received this training to do?
Preventing Harassment training
The GUILT will stay with them forever
Cowards and backstabbers aren't very clever or bright. They may have short term gains as they step on you to protect themselves or advance their careers to the next title. But the long term guilt will eat them up from the inside for the rest... — read more
Q-Tea Layoffs
Layoffs are being implemented gradually to avoid causing alarm, and there will be additional layoffs in the future.
Most impacted?
Which teams/groups were the most impacted in May’s most recent round of layoffs? Any teams that were cut completely and shipped overseas? Was anybody given the option to change teams or take the package? I’m hearing different stories….. Thanks! — read more
WARN act out, 400 in SD, not bad at all
Looks a lot smaller than the hype.
No semiconductor company can operate with WFH
Why do employees think Executive management will address their concerns and keep employee friendly policies in place? Employees are given only as much as management thinks is necessary to achieve business goals, no more, no less. WFH was a concession... — read more
Wake up people! Your jobs are not safe!!
Second round of cuts coming & departments getting moved to India.
Prepare
Cuts coming !!!!!!!!!!!
ONLY RED STOCK in my Entire 19 stock portfolio. That will tell you.
What do you guys... — read more
Cuts
Just head more cuts coming due to falling sales and a sector-wide slowdown.
AMD makes AI chip to rival Nvidia
https://www.cnbc.com/2023/06/13/amd-reveals-new-ai-chip-to-challenge-nvidias-dominance.html The standard has been made let’s see if Qualcomm can capitalize on it
H1b as a special skill in FAANG
https://content.techgig.com/hiring/demand-for-h-1b-techies-high-at-maang-companies-govt-is-asked-to-increase-intake/articleshow/100932615.cms
There has been zero innovation
Qualcomm is still surviving on mobile chipsets and have not diversified enough. Automotive is still too small to make any impact. There has been zero innovation. Qualcomm has failed compared to Amd and Nvidia. It's another intel. This is sadly... — read more
https://epsnews.com/2023/06/07/apple-broadcom-deal-disrupts-wireless-chip-market/
Broadcom modem replacing Q's and Fruit company's own modem?? Hock Tan is as dangerous as Tim Cook.
Feels like we're a headless chicken
Chasing around the latest trends
Can Qualcomm Be a Top AI Contender?
Qualcomm has numerous software and hardware solutions that can be used in AI technology. Qualcomm (QCOM 2.73%) is mainly known for its mobile processors, but the company has shown how its solutions could be used in generative AI... — read more
What is your future plan?
Everyone knows that there will be reduction, but no one knows the timeline except executive. We do not have control on date. Instead of worrying about date, we should focus on future. What is your future plan in case of worst case scenario and best... — read more
Don't accept more responsibilities without a promotion
Learn from my mistakes. I thought I was doing myself a favor and being proactive, but I ended up being overworked with nothing to show for it. I got plenty of promises that my work will pay off for me, but nothing ever materialized. I quit last week... — read more
Pl. share details for July 18th layoffs.
I guess July 18th layoffs will be round 4 or 5. Not asking for volunteers this round. Pl.share details.
Seems like a bad thing that Mtek gaining momentum too fast
https://corp.mediatek.com/news-events/press-releases/mediatek-partners-with-nvidia-to-provide-full-scale-product-roadmap-to-the-automotive-industry
Happy News! Planned July 19th layoffs off postponed
To accommodate larger employees in the layoffs. Now it is going to be end of August, date not not known yet.
Why layoffs happen
https://www.businessinsider.com/amazon-reason-for-layoffs-former-senior-tech-leader-2023-5
Bonuses and RSUs cut significantly
2023 compensation has bonuses and RSUs reduces by 30%.
SW gets impacted in every layoffs in Q
Nvidia didn't layoff single employee recently, nvidia stock is skyrocketing. Q management need to learn from Nvidia how to capitalize an opportunity ie AI, crypto, games etc and take stock to new highs without layoffs. Recently Q laid off engineers... — read more