Thread regarding Qualcomm Inc. layoffs

QC severance

The average QC severance is 2.5 weeks for every year you were employed plus any unused vacation and a vesting schedule of options that vest within the year. RSUs go away. You sign a covenant not to sue and you can collect unemployment . And trust me I worked there for many years, engineers do get laid off (and fired) and there is a big difference. If you are offered a voluntary severance that is the way to go but they usually do not offer it if you fail a pip and are actually fired. If you are fired no severance. But you will still get unused vacation and unemployment.

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| 274 views | | 3 replies (last July 23, 2015) | Reply
Post ID: @OP+CC90cvC

3 replies (most recent on top)

When you say "RSUs go away", you mean unvested ones do?

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Post ID: @ddb+CC90cvC

Thank you very much

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Post ID: @wkP+CC90cvC

OK, so what?

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Post ID: @Jm8+CC90cvC

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