Thread regarding Qualcomm Inc. layoffs

With all the cost cutting happening right now, will there even be a review cycle, bonus, promo budget etc this October cycle?

by
| 592 views | | 19 replies (last July 23, 2015) | Reply
Post ID: @OP+CCqPXe5

19 replies (most recent on top)

I doubt we will have any review cycle for a year or so, another way to cut costs!

by
| | Reply
Post ID: @MEe+CCqPXe5

Agree. Also an accelerated review cycle gives me the creeps! Never heard of that one before.

by
| | Reply
Post ID: @f9y+CCqPXe5

I missed my period, so no review, COLA, bonus or RSU for you at this time around.

by
| | Reply
Post ID: @q6p+CCqPXe5

i dread reviews. end up spending so much writing about crap. total waste of time. once every year is more than enough.

by
| | Reply
Post ID: @jIz+CCqPXe5

What is the purpose of the accelerated review cycle?massuminf we get 0% bonus and 0 rsu this time.

by
| | Reply
Post ID: @QJw+CCqPXe5

Also heard they are getting away with matrix and your lead will be your manager and he will conduct this accelerated review cycle...99.99% confirm news.

by
| | Reply
Post ID: @4WF+CCqPXe5

I heard they are accelerating this review cycle, starting 1st week of Aug and finished by end of Aug. All the manages should already be notified by now.

by
| | Reply
Post ID: @ZfW+CCqPXe5

I guess they need to have the reviews to start filtering people for the next round of layoffs😒

by
| | Reply
Post ID: @lRT+CCqPXe5

yes, have skipped cycles i think during the recession. we've been through huge layoffs when they sold divisions many years back. not uncharted. it's really not that big of a deal. change is good. if you can't adapt to change, you will have problems. my suggestion is to relax and just go with the flow.

by
| | Reply
Post ID: @PxO+CCqPXe5

I agree with you fully but I highly doubt this will happen. If they do something like that they will run the risk of more people leaving to other companies and that will impact productivity and product schedules. But yes, that is he fair thing to do.

by
| | Reply
Post ID: @PHf+CCqPXe5

I agree with you fully but I highly doubt this will happen. If they do something like that they will run the risk of more people leaving to other companies and that will impact productivity and product schedules. But yes, that is he fair thing to do.

by
| | Reply
Post ID: @rXs+CCqPXe5

When there are people being cut, consider keep your job a promotion. It is the new promo.

by
| | Reply
Post ID: @SnH+CCqPXe5

I think we're in unchartered waters. We've never had such a large layoff and we've never been in this hot water wrto our deliverables. I personally would like to see a 1 year review cycle. And I think that no one should get a raise/bonus/RSU grant this year (including all the executives)

by
| | Reply
Post ID: @B2S+CCqPXe5

But back to the OP's question, will they even have a review cycle this timemwith all the other issues being handled?

In the past have they ever skipped a review cycle?

by
| | Reply
Post ID: @Zk3+CCqPXe5

how do you feel about one review cycle a year?

by
| | Reply
Post ID: @NOM+CCqPXe5

Well, yes and no. I think what ends up happening is things get rounded up, so it probably ends up being more than 1/2 of a raise. But regardless, I think it's a huge distraction because the overhead in managers doing reviews twice a year is a major time drain...

by
| | Reply
Post ID: @ISH+CCqPXe5

True, but they give only half the raises etc. October is the main review cycle usually. They might change that moving forwards maybe.

by
| | Reply
Post ID: @Zog+CCqPXe5

I'm actually surprised the Q still does 6 month review cycles. The industry norm is now 1 year.

by
| | Reply
Post ID: @AsD+CCqPXe5

I'll be thankful i still have a job.

by
| | Reply
Post ID: @MIk+CCqPXe5

Post a reply

: