18%
15 replies (most recent on top)
High power people think new hires are cheap and can replace those who they want to get rid of
i dont think there would be any rif anytime soon. new hires are still coming
Good news for me. Looking forward to the GTFO package
why sept 2? any logic on the date?
Announcement coming in September 2, notices will come after
Sept 2nd Is last day or told? If it’s last day people are usually told months before.
nov 2015,april 2018
when is next
- 5-3 years cadence
But no worries
5g is here we all are rest and vest
If they want to cut just 10% they can easily find people who never work, not even 1 hour a day. If you want to lay off you can also find people who work 2 hours day, plenty of lazy people all over.
I believe they are assessing the situation what happens if qcom lost 50%, revenue, 30% revenue, how long it can survive with cash and debt. Economy Going to hit the severe depression, it need to preserve the cash, so possible that they start with 5-10% lay off at the beginning but not until July/August
Why Wait.
Until September 2?
If I say no lay off means I am lying. 20-25 % imminent in few months. Or maybe in phases. New grad hiring will continue all the time.
Unnecessary hiring is going on. Lay-off might not happen very soon
May be next year if things not in favor of Qcom
Which groups are going to be affected?
18% would be a good start.
What is the basis for these numbers and dates? Which departments? Please either don’t post or do so clearly in such important times!