Sadly, I can guarantee you that when the layoffs are done, they'll still be here. They're too good at a-s-kissing to even have to think about layoffs. That's our sad reality and that's why Qualcomm has been going downhill for years. Nobody in power... — read more
Qualcomm Layoff Criteria
I heard a manager talking to someone saying that one of the criteria for layoffs would be the number of years in the company and the age of the employee - 20+ years in the company and age 55+.
Better sooner than later
Would you rather constantly think about when layoffs will happen or deal with it ASAP? If it's going to be May 17, I welcome it.
All events on May 17th are rescheduled
All department events that were scheduled for May 17th have been rescheduled for other dates this morning. I believe the announcement is imminent.
Apple will be like Oppo, and its modem team be next Zeku
Apple hasn’t invented anything new since iPhone. Its innovation culture was dead when it put a notch on MacBook screen. Phone and pc market are saturate, and no growth for Apple. With iPhone and MacBook sale that can only fall further over coming... — read more
17th May is the D day
17th May, Wednesday will be the day managers will start notifying the affected folks. Their last day will be 24th May. Also the cuts will range from 5% for some teams to 20-25% for some. This is going to be ugly.
It would be painful for you if
You are on work visa. You associated your whole identity with a job and title You think what other people think about you is very important You want to keep up with the joneses. You are not in good health You don't know how to... — read more
Vitrebi algo at 50
https://viterbischool.usc.edu/news/2017/03/viterbi-algorithm-50/
Apple to use its own chips for Mac laptops. In final phase to develop its own chips for iPhones.
Qcom to lose 4billion business. Qcom stock likely to crash 65 https://www.bloomberg.com/news/newsletters/2023-05-14/apple-m3-chip-mac-specifications-and-features-cpu-gpu-and-ram-increase-details-lhngxmx4?srnd=premium
6% cut, will be announced in the all hands meeting
However, CELO likely to say “further cut is possible in July” Many VPs and Directors took VR, many will be kicked out this time. Senior position like principal will be impacted. Mobile division 20% cut.
Zeku SD Is closed?
Is this true? Happening same time with Q layoff? Mobile market really that bad?!
Tons of dead weight
It might sound ugly, but isn't it amazing how this company can function with so many freeloaders?
What We Need
An activist investor to come in and help fire the current management team ( CA & JT). We need to unionize to protect our jobs and job rights. Current mgt has no respect for the individual.
Tax implications for lay off severance
Anyone knows how the severance would be taxed once one is laid off with big fat severance package I don't think it'd be taxed as salary so it be like bonus or capital gains...
Qualcomm Layoffs 2024
The rumor mill seems to keep running with out the power source. Very clearly there is no the layoff for the duration of FY23. Looking ahead I expect to identify RIF target in October after FY23 final results; geoshifting targets communicated and the... — read more
Do something about it
Why aren't you constantly on the lookout for the next job opportunity? Why did so many of you allow yourselves to let your guard down? You are supposed to be the one in control of your own life and here you are giving that power away to someone else... — read more
Yes, layoffs are going to happen
How in the world are there still people who think there'll be no layoffs? Can I have some of whatever it is you're smoking?
Layoff in next a few weeks
Cristiano Amon Just approved this message
What makes you think there won't be any layoffs?
I see that there are a lot of people here who think that there will be no layoffs. That would be nice, but I think it's a highly unlikely that everything goes without layoffs?
Qualcomm Layoffs 2023
Hi guys! Does anyone think we will have the layoffs this year? In my opinion we are doing great! I would not even consider working for the maverick fruit stand in the career.
We're still in a better position
Honestly, even with all the layoffs, we're still in a better position today than we would have been had the Broadcom acquisition gone through. Had that happened, the majority of us would not be at Qualcomm today. I'm okay with dealing with occasional... — read more
The day of reckoning is coming
For everyone who feels safe don’t be shocked when you get axed! The day of reckoning is coming soon!
Laying off and acquiring at the same time
How many layoffs are directly influenced by this acquisition, what do you think? And how many will be added to the total number? Qualcomm acquires Autotalks to boost Snapdragon’s automotive safety technology, reportedly for... — read more
This week
The consensus seems to be that layoffs will start next week. I've decided to accept that and relax this week as much as I can. There's no point in worrying over something I can do nothing to change at this point. I know next week will be taxing on my... — read more
Any layoffs in NJ locations?
/Any layoffs at the New Jersey locations?
https://www.digitimes.com/news/a20230503PD211/qualcomm-layoffs-mobile-devices-soc.html
Another blow from major Taiwan source Digitimes. Too much rumors. Show us the real picture.
Don't worry about finding a job
There are many options available. Maybe it's not with the usual suspects, but considering what's been going on, staying away from the biggest companies in tech might be a good idea, at least for a... — read more
Uncle Sam sounds like it may actually do something about rampant visa H-1B fraud
https://www.theregister.com/2023/05/01/uscis_h_1b_surge/ "Rather than turning to the H-1B program as a last resort when US workers cannot be found, most employers hire H-1B workers because they can be underpaid and are de facto indentured to the... — read more
All over, layoffs on May 17
Finally end to all rumors
It turned out layoff news are all rumors
No layoff happened on any dates those fake news and rumors mentioned
I'm anxious, I'm depressed, but....
...then I visit this site, get a few laughs and get a good nights sleep...Zzzzz
Hang in there until the next RSU vesting
Then if you're still here end of July you'll get a bargain on the espp price.
CEO Tim Cook: Apple layoffs ‘last resort’ and not under consideration right now
Maybe we are working for the wrong company?
Sorry to Depress You But
Apple quarterly results show that Maverick INCREASED iPhone sales. So Apple is increasing mkt share and soon there will be no dependence on Q for modems. CA & JT strategy of diversification has failed miserably! Qualcomm needs to be a much smaller... — read more