Thread regarding Qualcomm Inc. layoffs

I said this before, and I'll say it again....Current employees of Qualcomm should never EVER use their own money to buy more shares of qualcomm stock beyond what the company has already given to you (either as stock options or RSU).....Doing so puts you in a very bad financial situation during a downturn in which if the company isn't doing well, you're faced with the reality of (1) a shitty stock price and (2) the prospects of being laidoff.... If you're in danger of being laidoff, you need as much cash reserve as possible, to weather a possible prolonged duration of unemployment. If you buy qualcomm stock with your own money, you run the risk of the stock tanking and having to sell at a loss during a time when you need to be liquid as much as possible. Today is a perfect example, in which if you bought shares when things were $65/share thinking the stock would recover, you're not eatting a $3/share loss and facing prospects of getting laidoff.... If the company does well, your option/RSU grants should be more than enough... And if it doesn't do well, it doesn't matter how many shares you own. Please don't make the same mistake many others in the past have and ruin your financial future by being greedy.