Good luck and hope the layoffs pass you by. If your director comes by with layoff notices, look them in the eye and say "These aren't the engineers you're looking for. Move along. Move along."

Good luck to those who will be impacted, the package will not be offered on RIF

If so then layoff is confirmed

https://www.reuters.com/article/us-qualcomm-m-a-broadcom/broadcom-unveils-121-billion-best-and-final-offer-for-qualcomm-idUSKBN1FP1KX

10% guaranteed

Chips for phones down 17%. China market not recovering (biggest market). Sales below street expectations. Earnings below expectations. Shipments for global smartphones down 14%. CEO states “ The evolving macroeconomic backdrop... — read more 

No layoffs for now

Engineers have been delivering superior products and management has been f***ing over while getting millions. Isn't it time to fire all executives and seize their shares ?!

Has it begun? Was too scared to ask

Uh oh. Not a good sign for team job security.. Think I will work from home until further notice ...

Interesting!

Ridiculous, when is QCOM gonna learn, why wait for 6 months wait& see to consider who to layoff, what a toxic atmosphere it would create. JUST DO IT!! QCOM can't take quick decisions. It was very bad idea to complain to Trump that Broadcom was Chines... — read more 

I guess we will find out today if the news leaks from India press sources are correct. I wish the very best to my colleagues.

I hope layoffs will happen just so the guesswork can stop. We all know it's coming. Nobody is doubting that. But having to wait for it to happen is only serving to ignite baseless rumors and make people stress even more. Most of us just want to get... — read more 

How am I supposed to commute ? Get up at 6:30AM and leave before 7:30AM ?

VPN access of many people of my team were blocked and restored after awhile. It could be just a glitch or could be related to the rumour. Best of luck everyone. It is what it is.

Take a long breath, move on to find a new job. San Diego job market is very tough right now. Look elsewhere and sell your sooner as housing market is going to be another tragedy in few months as we are heading to recession. It is the right time as... — read more 

Eventually you got same news from UK instead of India for those who don't trust any news from India LOL

Let’s celebrate the independence

Below source is generally good quality. I think we can all agree on the layoffs that are coming. Best of luck everyone! https://www.investopedia.com/qualcomm-q2-fy2023-earnings-preview-7486344

1 US = 3 India This is the rule of the game.

It really sucked having to get dressed and get to work by 11:30 am today. It was so much easier to stay on mute and keep the camera off.

How did this happen. US media was clueless while India media broke the story . How can this happen

There are many new hires in india, I was asked to train them. It seems that lay off is going to be mainly in US.

Usually it's one week later. My guess is it gives them time to revoke network access to those that are being laid off. Can you imagine the great Slido questions if they were allowed to attend :)

Just received a Teams invite from SVP, it's starting!

It's not worth worrying ahead of time, but the atmosphere in the company hasn't been this tense in a long time. Uncertainty has a terrible effect on morale. Can anyone really stay focused on their work? I barely manage to finish daily tasks.

No other jobs around, have to move out

…during the earning call. Target mostly 10+ years. VPs and senior directors are tight lipped as identification of candidates still ongoing.

I can only speak for the team that I am in and I cannot speak for all teams. I am a part of a small-ish team of about 10 people (which is a part of a much larger team). Hiring was frozen a few months ago. We had a few team members leave over the past... — read more 

I don't think many people will be able to be productive while also trying to figure out if the layoffs rumors and media mentions are true and if they are, when will they start and who will be affected. Not to mention, we've been starting too many... — read more 

It says 1,500 in CA alone and matches the number I heard from Senior Director in SD who made his own list. Good luck!

This complete incompetence. The declining laptop market can not support the development activity of this large team; there is NO WAY Nuvia will get any share from AMD and Intel. On server, Qualcomm had their chance with very competitive designs and... — read more 

Have you seen the Q&A document for managers which states there is a tool to track attendance and that disciplining employees is mandatory otherwise the manager will be disciplined?!?!?! What a crazy few months, the company pivots from valuing... — read more 

Thought?

What you say?

Company is failing, shares plummeting each day as market moving up . Need to make profitable by making qcom a small company, by laying off 45-55% useless employees. Still we can survive and make a good profit. Elon and Zuckerberg showed how to be... — read more 

O boy. Samsung profits plunge 95%, it's going to get ugly. Pretty soon the parking lot is just going to be managers' cars with "Lomas Santa Fe Tennis Club" bumper stickers.

For those who have been here for many years, the company has probably become a big disappointment. Could you have even guessed a few years ago that this would become such a toxic place with a disturbed value system? I definitely couldn't have.

Come on with the layoffs already!