Thread regarding Qualcomm Inc. layoffs

Qualcomm is actually using buybacks to offset the dilution.

Qualcomm fell behind the tech curve when Apple launched its first 64-bit mobile chip in 2013. Qualcomm's first 64-bit mobile chip, the Snapdragon 810, arrived a year later and suffered from overheating issues -- which likely spooked Samsung. Qualcomm also hasn't fully resolved its wireless licensing issues in China, where OEMs are underreporting shipments to pay the company lower royalties.

These missteps all suggest that the management deserves a pay cut, but that's not happening. Qualcomm CEO Steven Mollenkopf was actually the eighth highest paid CEO among the top 200 U.S. companies last year with a salary of $60.7 million ($58 million in stock). Neither Apple's Tim Cook or Intel's Brian Krzanich made the top ten.

http://www.fool.com/investing/general/2015/11/11/qualcomm-incs-buyback-addiction-is-toxic-for-inves.aspx

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| 457 views | | 3 replies (last November 14, 2015) | Reply
Post ID: @OP+EqUUzCu

3 replies (most recent on top)

Good post. The CEO can stop just 1 year of his salary and save 600 jobs. More if you add the other nuts that are under the clown. Incompetant people. The good one started at Erwin and finished at Erwin.

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Post ID: @2dVz+EqUUzCu

Chinaman nailed it here

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Post ID: @QIj+EqUUzCu

Krzanich is worse

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Post ID: @Vg5+EqUUzCu

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