Employees at next Qualcomm All Hands Meeting:
God save Qualcomm!
Mollenkopf:
I thank you, good people—there shall be no money; all shall eat
and drink on the Q's Star Awards, and I will apparel them all QC t-shirts,
that they may agree like brothers, and worship me their lord.
Dickhead in the back row:
The first thing we do, let's kill all the lawyers!
Mollenkopf:
They're next on the layoff schedule....
w/ apologies to Shakespeare, Henry The Sixth, Part 2 Act 4, scene 2, 71–78
Whats the metric? Stock price? Your salary?
Most people still have jobs and are getting compensating accordingly. Are you getting hyped up by all the news? Unless you are friends with the execs and know the real truth, this is a joke. Did you get layed off or are you looking to get more reward from your RSUs?
5 Stars... Not!!!
The rating for the BoD can be reduced to three letters: PIP
The bod is responsible to protect shareholder assets and ensure they receive a decent return on their investment. The market gives objective evidence of their performance and the trend is down with no current hope of correction. These are the facts. The board is so wealthy they probably could either care less or are simply clueless how to correct this trend. Even our board chairman and chief bicyclist is dumping shares. All public info. Instead of telling employees to get back to work, maybe focus more on your bod.
BOD’s job is not about saving jobs, but rather about maintaining fiscal performance. If headcount is bloated, then there is only one choice.