Thread regarding Qualcomm Inc. layoffs

External Forces to blame for layoffs

1) China crackdown on IP-rich american companies

2) China Proletariat turned FOMO lured margin fueled day trader (effects of ongoing crash)

3) Grexit and/or Angie Merkel

4) Gubment, Patent Reform, Obamacare

5) Unethical Blogs which disparaged S810, fostered by vast Intel-Samsung conspiracy

6) Strong dollar, hedge funds, speculators, Fed rate hike fears

7) Subprime auto and student loan bubble (broke millenials keeping their iPhone4)

8) Weather, Drought, Gas Prices (hot, thirsty, broke millenials)

9) Sorrento Valley traffic lights (reduced productivity, increased road rage)

What else?

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| 535 views | | 11 replies (last July 8, 2015) | Reply
Post ID: @OP+Ck3MkTb

11 replies (most recent on top)

now can blame windows phone

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Post ID: @3f1M+Ck3MkTb

Good information 113216. I can see why one of the many changes Jana is asking for is to shake up the QC Board of Directors.

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Post ID: @1qNR+Ck3MkTb

S&M cannot fix the problem at hand, because he is a hands-off man. A hands-off man needs very able troops to know what to do. He will claim the credit when everything goes well, and he will resort to consultants when things need to be fixed. He showed his political prowess when he forced the hands of the Board to promote him. On the other hand, the buck does stop with him – he is getting every buck.

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Post ID: @1Gtm+Ck3MkTb

SM needs to put a sign on his desk "THE BUCK STOPS HERE" in the spirit of President Harry Truman. It is time to stop passing the buck and coming up with excuses and blaming external forces for Qualcomm's problems. At his salary he needs to take accountability and fix things fast!

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Post ID: @1U2F+Ck3MkTb

These things that 076 has mentioned started brewing after Sanjay Jha left. I am not saying that Sanjay wasn't a political animal - but he did not encourage sycophancy like the current leaders.

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Post ID: @1bRA+Ck3MkTb

Look, admit it. Things finally caught up with QC and they got caught with their pants down wrt systemic corporate disfunction. They are going through what other large companies that have had the same have gone through and will have to pay the price for their sins. S&M isn't to blame, Jana isn't to blame, these things have been brewing for years, but were hidden by the rising tide. Now that there are finally headwinds, the disfunction is exposed for what it really is, a cancer that was eating away at the company. The big question is, can S&M right the ship? I'm sure the answer is yet, but people are going to leave, the culture will shift further, more people will work harder and burn out. The only question for you is, do you really want to stick around for this? (if so, why?).

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Post ID: @1N4L+Ck3MkTb

Too many VPs and middle level managers have retired recently. Lacking of "Leadership" is widely spread in the organization.

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Post ID: @3eV+Ck3MkTb

Anonymous113023, logical reasons like competition imply one is no longer differentiated. That implies internal problems. It's like if a football/soccer team loses a 4-0 lead. Don't go to the press conference (CNBC interview) talking about own team's shoddy defence, or praise the opponent. Instead blame the ref, or the rain, or the crowd

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Post ID: @Szf+Ck3MkTb

Competition from Samsung, Mediatek, Broadcomm, Intel. Apple rolling there own Apps processors rumored to use Intel modems.

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Post ID: @5mW+Ck3MkTb

the tone was joking but has an element of seriousness. Just google "CEO blames weather" and "consumer spending gas prices" to read up on the good exec talking points for CNBC interviews. It's a trend!

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Post ID: @fzW+Ck3MkTb

10) Jana and the fact that SM has no balls and doesn't know when to tell investors to **** off...oh wait, this is supposed to be a list of external reasons that are JOKES, not real reasons

But seriously, since when did great leaders pay attention to what investors are saying? Investors were telling Apple to start paying dividends for a long time and Steve Jobs basically ignored them and told them that if they didn't like the fact that Apple doesn't pay dividends, they don't have to hold Apple stock...

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Post ID: @kem+Ck3MkTb

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