Thread regarding Qualcomm Inc. layoffs

You are not safe - but that's not a bad thing

Even if you get the best review or your group delivers way ahead of the deadline, it's not going to matter. When companies need to cut, they will chop off project that don't make money for the company or will not grow in the future, or it's cheaper to out source. It's as simple as that. And if some from the group escape the cut because they know someone who knows someone, don't worry. Their turn will come sooner or later. And if later, then don't worry, cause you'll be making a lot more when you get a new job compared to them (them being an old timer at the company and companies don't usually increase salaries for old timers as much as new hires).

Perfectly put, @cgm+1nEkZ7Lu.

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| 2321 views | | 2 replies (last July 25, 2023) | Reply
Post ID: @OP+1nL2HObH

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Earing report on Aug 2 is projected not to be positive.

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Post ID: @1qjt+1nL2HObH

"Even if you get the best review or your group delivers way ahead of the deadline, it's not going to matter. When companies need to cut, they will chop off project that don't make money for the company or will not grow in the future, or it's cheaper to out source. It's as simple as that. And if some from the group escape the cut because they know someone who knows someone, don't worry."

it is odd, everyone thinks short term
everyone needs to get theirs now and get out before the company tanks

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Post ID: @pkl+1nL2HObH

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