As China and Asian countries slowing demand for SC, very tough time. Our company is also over hired, we can do much better with just 50% of the work force. Now massive lay offs like Facebook is needed to survive.
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Lots of cash? LOL what makes you think the management will keep feeding you with that cash? Qualcomm should fire JT and CA if they need to survive.
Let's hope so. I want a package do bad. This company is dead meat. Just need to get a package and gtfo
Why are there layoffs when there are debts and no revenue comingin? It seems like the company is in survival mode.
You obviously don’t read financials. Qualcomm has tons of cash on their books. The only company with more cash on their books is Apple. Qualcomm could not make a profit for 10 years and still be okay. Qualcomm is far from survival mode