SVP who is a close mentor and friend advised it is 25% target.
Every team will be affected, they will analyze all employees subjectively, not just what is in workday.
Fear not if you are actually good.
If you are of average quality, sorry.
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Now I see that this post is completely correct. In October, my department was laid off by 25%+
In NJ 50% of the workforce is gone. It almost appears as if the company is not funding Small Cells any longer. If that is the case, Small Cells is dead.
If you live in San Diego or San Jose Counties and are working remote, you can be certain you have sent your job to India. Other large companies have warned employees about consequences of not returning to office. Qualcomm will use the lay off to follow suit.
Historically the folks who play golf with the VP and director or take smoking breaks with them always survive this
What about new hires who didn’t go through AR yet?
75% reduction in India will result in 1% loss in productivity.
25% reduction is not 25% HC reduction. Depending on where it’s done, it will vary. QCOM can survive with just 10% HC reduction in the US.
"SVP who is a close mentor and friend..." says the camera VP who owes his job to his close personal friend.
If you’re not from same village as boss, you’re done.
Of course they will tell you that, for the same reason that wardens prevent the condemned from hanging themselves.
If you feel you are in the top 75%, you have absolutely nothing to worry about.
If this is indeed true, it is a good plan. Try to compensate good workers.
perfect！