More QC layoff numbers

Just to analyse this further as we are just looking at numbers without any details ;

What is the duplication between NXP/QC ( areas + numbers).
Even without NXP, QC had to save minimum 1bil. i.e ~ 4000. With NXP it should be larger. This is the unwanted fat to be cleaned up. Not that these are bad teams/engineers/people, but a reflection on poor management / HR by hiring people thoughtlessly. Non contributing Directors/VP and senior members ( staff or something ? ) needs to be off payroll right away. They need to be penalized by trimming the package seriously to these fellows.
How will the corporate tax cut ( 35 to 22 ) help QC ? I guess, this will save some ( ~50 mil ?). QC paid ~555 mil in 2017. Just looked at EBT, looks trending seriously down for the past 5 years.
What are the divisions not making money ?

just my 2 cents!

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What are they waiting for to release the news and close this once and for all. This is affecting the productivity of the company as a whole, perhaps in the order of millions per day.

[ Ex. degradation in productivity by 25% for 15000 employees @ 50 per hour average = 1.5 m i.e in last 2 months there is a loss of 60M already ]

At least people who are not affected can be rest assured that they have to cover for their team mates who are affected and keep the machine moving but paid the same.

as of this evening, looks like the new spreadsheet is going to be FaTter

When NXP deal was still planned for December, layoff plans were leaked. I remember there was some plan to handle the layoffs in several waves or phases, and managers had already been asked to sort teams and team members into these phases. Some managers even gave team members more or less veiled warnings already.

The whole plan was apparently shelved for now when NXP deal took longer than expected and when Hock Tan appeared. But those Excel sheets the managers created still exist.

Octane is the one who is going to take the CEO job.

EBT looks pathetic. Even if Apple gives Qualcomm more apples, its doesn't really add it. 5G growth alone will not cut it. Remember, modem is trending towards as a commodity item as potatoes for ex.

NXP layoff board is very silent. No Layoff at NXP ?

Is it true that NXP CEO takes over after the merger ? Are they adding any new BOD from NXP camp on/after march 6th ?

A longtime macbook pro user here - find me a better laptop (hw/sw combo) and I'll switch tomorrow...

@hvf amen

I don't like iphones..

I don't think Apple has done any innovation barring iPhone in 2007 ...

But surprisingly.. they have tremendous brand cachete.

@ivi

Thanks Apple for withholding agreed upon license fees and ruining Qualcomm...AAPL is despicable, but I am always amazed by the idiots that buy their low tech behind-the-times crappy phones.

Here are your EBT numbers...

QCOM 12 Mo Ended --- QCOM Earnings before tax (EBT) - In Millions USD

9/24/2017 --- 3020

9/25/2016 --- 6833

9/27/2015 --- 6457

9/28/2014 --- 8778

9/29/2013 --- 8194

9/30/2012 --- 6562

I stole this from this post @RQpDr5n-ing

Thread regarding Qualcomm Inc. layoffs

More QC layoff numbers

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