Layoffs often impact people who work hard and do not like politics. Qualcomm layoffs will not resolve the fundamental problems, like all the ones listed on this board.
People who are not competent still get promoted, when things do not work, they just push the blame to others. They keep taking credits of others and HR cover up everything for them.
@2rch+1lhguESh is 100% on point.
There is a fundamental problem. Core business commoditized, no growth, lower margins as time progresses. The more QCOM tries to say not a smartphone company, the more it becomes a smartphone hardware company. 100% of QTL revenue is smartphone segment, with Apple winning more and more premium share and Android losing share that hurts. QCT, last call, handset rev $5.8B, Auto $456 million, um thats less than 10% of revenue. I get it, silicon content in car increasing but it will be 10-20 years before auto ramps maybe to smartphone revenue.
Cr---y engineers won’t be solved with layoffs… BUT we will be rolling the dice hoping to get a better set… better than keeping a loosing hand
Are layoffs meant to resolve fundamental problems? No.
The purpose of layoffs is clear.
Don't conflate two seperate things old chap.
The AR process is purposely kept secret because the managers take credit for work their reports did. Anything negative in the review is amplified anything positive is stolen or mitigated down "meeting expectations".
Trump did Qualcomm a massive disservice by blocking the takeover by Broadcom. There's just too much dead weight and toxic culture to eradicate.
This