Most folks in the management have started as an engineer and grown over the years within Qualcomm. It is difficult for them to think outside the box and come with new ideas or venture to new areas natively or through right M&As. We are always late in every tech area (other than modem) and try to do catch up at least 3-4 years later, when the train has left… Management lacks that foresight… Broadcom is a good example through right M&As over years are well positioned for the AI era…
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Please give it to the famous Chinese Director who makes irrelevant comments in meeting and emails. His best performance is doing nothing. Therefore he is not needed....
@fe layoffs increase stock P/E leads to stock price jump
Layoffs will not increase revenues. The stock price represents the belief of investors in the future capabilities of the company in increasing revenues. Q present is a clear declin in handset revenue, and the future is unclear in other segments...
This fat CEO is a total disaster.
Are you ready to be laid off 😁
Maybe not a technology problem, more of a layoff problem. We are falling behind even in the layoff department compared to Microsoft and meta. Announce 10% layoffs and stock will jump.
Both CEO and CFO should be gone long time ago. They dont fit to the roles.