Thread regarding Qualcomm Inc. layoffs

How many RSUs did you guys get?

I was disappointed. I hope the salary increase is better.

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| 6751 views | | 34 replies (last July 21, 2022) | Reply
Post ID: @OP+1ggnfWFI

34 replies (most recent on top)

Someone bring BCOM back!

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Post ID: @1zosv+1ggnfWFI

Suprised to have to explain/debunk this...

Q is giving out more RSUs says Q is not the top payer in the 🍊 field. ​

Furthemore, if Q RSUs were worth anything they wouldn't need to give out more either.

See how this all works. Nob. 👨‍🦯

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Post ID: @9noa+1ggnfWFI

Qualcomm employs 45000 people for $36b revene. But Broadcom employs only 25000 people for $30b revenue. Qualcomm is very inefficient and lots of VPs create the useless tasks. Qualcomm should repair the current matrix structure of organization. There are too many fats in every organization and they are toxic and doing nothing. There is no central tower to justify the hiring need and resource requirements at Qualcomm. Basically you can hire as many as possible if you can convince few people in organization.

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Post ID: @9gbp+1ggnfWFI

It costs YOU real money at the end of the day.

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Post ID: @9yhs+1ggnfWFI

Qualcomm is paying too of the line for a commodity product! Who are you compare Qualcomm to? Apple? Google? Nvidia? Qualcomm is not an innovative tech company. Qualcomm produces oranges 🍊…. If you are as innovative and a top tier engineer as you think you are - Go to a start up or create a start up and prove it! But you make yourself look silly for not even knowing what business you are in

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Post ID: @9chq+1ggnfWFI

Yup, thats right.
The PPA of Q RSUs is not competitive.
Bottom line: It costs you real money at the end of the day.

100K is 1/6th of the big boys.
Q ain't even in the game.
Over run by India who think that's a good number and stab in the back to get it. Jesus. A xhit ho-e it's become. Chip design and people both.

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Post ID: @9ipk+1ggnfWFI

No matter how you received rsu or not, it is not a big deal. Qualcomm stock has been useless so long. History knows it. It will be useless forever.

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Post ID: @8bzu+1ggnfWFI

This is a really good number as far as I know.

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Post ID: @8lms+1ggnfWFI

Senior staff/mgr in modem
Got $100K RSU/3yrs

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Post ID: @8mhu+1ggnfWFI

In one business line most of the best people stayed! But there isn’t any new blood to create new business models. Qualcomm isn’t attracting bright young engineers and that’s ki----g the business. How does one attract top talent instead of the useless cr-p we are stuck with??

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Post ID: @7rfg+1ggnfWFI

All the best have stayed. The halls are full of the best of breed people, their unquestionable talent and achievements. Shut up and honor us!

I wonder what the folks that left thought about Q? They were surrounded by such greatness. Hm.

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Post ID: @6hwt+1ggnfWFI

RSUs? what a he-l...this company does know only how to sc--w things up

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Post ID: @5ioq+1ggnfWFI

I am not exactly sure why some are so negative. QC is 8th largest semi by market cap and that includes TSMC and ASML and is very much in top tier semi. Sure we have not done as well as Nvdia, but QC is not a slug either.

https://companiesmarketcap.com/semiconductors/largest-semiconductor-companies-by-market-cap/

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Post ID: @5wrc+1ggnfWFI

Which team are you in? Not everyone got rsu.. share you title and team if you want to get answers 😂

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Post ID: @5rln+1ggnfWFI

The donkeys are still at the track waiting for their turn to win. Ey.Aw.

I gave my Q RSUs back.
Bought a bigger boat.
And watch the donkey show for fun.

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Post ID: @4ify+1ggnfWFI

Wealth gap between qcom employees and other semiconductor companies is very wide. It is clearly a waste if we stay longer. Nowadays, it is extremely challenging to bring good people. Wall streets treat qualcomm products as commodity and qualcomm management as a garbage. Otherwise, qualcomm stock will be traded at least at the PE of 20.

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Post ID: @3ahf+1ggnfWFI

Q stock is a loser. They should give us a larger amount of RSUs to compensate for that.
the $ values doesn't matter. just another gim·mick to try to avoid us leaving. It won't work!

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Post ID: @3uvu+1ggnfWFI

I think the gentleman is stating Qualcomm doesn’t care about your bank account. Qualcomm only cares about Qualcomm and Qualcomm’s financial are outstanding - so if you, as a Qualcomm worker, are not getting what you want it’s bc Qualcomm’s doesn’t care about you and wants to replace you…. But it seems you are having a hard time comprehending this…

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Post ID: @3jqf+1ggnfWFI

I look at my bank account and results.

Holding a losing horse's ticket remains...well...worthless. Now the stories are great, dont get me wrong...

Losers have all the war stories in the world about how their horse should have won. Look at that balance sheet! Oh, he was the best! Everytime, very adament infact. Arrogantly so some might describe. They really selling it hard and oh how stupid everybody else is for not believing them. Oh it's magical to watch.

While the winner takes home the cash. Opps. Mic drops for real. Race is over.

My balance sheet was so great, there was no way I could lose, right? ...lol
Where did that horse come from!

As you stare at your worthless ticket ripped up on the paddock deck, again.

Gotta know how to pick a horse my friend.
Better luck next time. Pun intended.

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Post ID: @3yjj+1ggnfWFI

I would look at the balance sheet and income statement! That was the sound of a mic 🎤 dropping! It’s too bad you can’t figure out why the mic 🎤 dropped and the conversation ended!

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Post ID: @3kuw+1ggnfWFI

Corrected:

I would say Qualcomm’s management plan worked great! It’s just sad that Qualcomm mgmt have no idea what the company strategy is.

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Post ID: @3wsk+1ggnfWFI

I would say Qualcomm’s management plan worked great! It’s just sad that Qualcomm workers have no idea what the company strategy is.

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Post ID: @3iov+1ggnfWFI

The amount of rsu is so tiny. In addition, qualcomm stock is one of the worst performing stock in Nasdaq. So far qualcomm rsu was useless and many of us lost a great chance of making money in bull market. Folks in Broadcom, Apple, Nvidia, and Amd made tons of money because of rsu. Qualcomm completely missed the opportunity in bull market due to litigation and poor management. Just bad luck.

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Post ID: @3rbt+1ggnfWFI

This number makes sense

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Post ID: @3wbi+1ggnfWFI

Sr. DIir got $80k rsu for 2 years. Nothing and zero meaning.

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Post ID: @2htd+1ggnfWFI

$674K rsu for 2 yrs. Director in the PMIC group.

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Post ID: @2ktt+1ggnfWFI

What your engineer level if you have NOT received RSU?

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Post ID: @1ifq+1ggnfWFI

Any RSU for senior engineer and staff engineer?

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Post ID: @1nkk+1ggnfWFI

Heard that
Sr staff got $40000 rsu for 2yrs
Principle got $55000 rsu for 2yrs
It is small. Who cares?

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Post ID: @1tyr+1ggnfWFI

Did not receive any. Did any of you guys receive those? If you did, please share your info.

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Post ID: @1yyc+1ggnfWFI

Simply redistributing a fraction of the amount returned by the exit employees.

Don't be fooled. Q now has a no way of figuring out their problem(s). Plural.

This directly affects the value of those RSUs.

Q says, "Look squirrel!"
Convincing you look the other way. And to not look behind the curtain and figure out what is best for you.

You can measure the issues by the extreme toxicity that has festered and over runs the entirety of the business. With no way out. No vision. It takes a leader to change.

Tell me how the bets they a making are going to workout ultimately-- with a terrible culture and acute engineering focus as the platform?

In otherwords, RSUs are for making money. Think about whose RSUs you want to be riding on. Qs?

Your hard work should be worth something. And bring you value. Don't worry about Q. Make the right decision for you.

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Post ID: @1rcd+1ggnfWFI

That's becuz OP no longer works at Qualcomm. He heard about it from one of his Qualcomm friends and trying to rile up everyone!

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Post ID: @1jym+1ggnfWFI

You're asking others but did not disclose your amount?

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Post ID: @1pko+1ggnfWFI

If you received RSU's on top of salary increase, you should already be happy!

Not all of us made it to JT's special list of "important employee".

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Post ID: @psv+1ggnfWFI

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