Guys, this isn’t fake. Lots of groups received this email today. They want volunteers to notify their management by March 26 if interested. Thereafter the actual layoff begins mid April. May 21st seems to be the date by which people would leave.
Let’s brace ourselves.
Again, this is real news. Not fake. I myself received the email.
and even though an option, its on hr's conditions of selection, exit date, etc. People want to GTFO in days not weeks.
My dept was notified today. Only managers rcv'd it from a Director/VP. Middle managers spoke with each employee privately. Here's the o-so-wonderful bit about the voluntary separation: NO INCENTIVE FOR VOLUNTEERING. The separation package is EXACTLY THE SAME as if you were "involuntarily" laid off. So, what the heck?
54 replies? Damn
Is RP from CRD RAJPAN?
If you can afford it #volunteer and #savejobs #courage #dignity
How would Google know anything about how Qualcomm is handling restructuring and layoffs? That just doesn’t make any sense.
I think there are people who comment on here just to revel in our’s fear and unhappiness. Qualcomm employs really good people! People who have families depending on the paycheck. I do not understand how some people get off on hurting good people.
No one knows anything because Managers are struggling to keep as many as possible.
I'm just replying to this thread because I saw there were 50 replies and I didn't want to be left out.
you can google too, but here is the definition - “The meaning of a voluntary reduction in force is when employees are selected in certain task areas and are allowed to volunteer for a layoff. The selected task areas will generally align with contract reductions.” Thus, those who have received the email, are from the groups where there is a reduction in force. Hence, start looking.
I talked to my VP this afternoon to tell him I'm interested. At this point, there's just a gathering exercise. You may or may not get approved, depending on how valuable you are.
This is legit. Got email from TS
be ready to be surprised. there will be volunteers.
Nope, it is only being sent to groups that are not impacted, so that any voluntary separation can be factored into the layoff numbers of the groups that are impacted.
It is a cordial way to say that you better look elsewhere because we are laying you off in a couple of weeks. If I got the notice, I'll treat it as my last day and prepare for my next opportunity. Don't be a slacker if you received that note.
I think its sent out to folks who are impacted actually to check if they can come up by themselves
I didn't receive such an email, but heard from teammates that they've received one. Is it only being sent out to folks who are not impacted?
RP leads crd. He’s a person. That’s all you need to know.
Crd is a certain division.
I'm the Qualcomm shareholder again, can anyone provide me who is RP and what is his job title? What is CRD?
layoffs as reported by OP and others.
Fact check by Snopes.com:
False
My org comes under qct and we received this email
OP certainly isn’t trolling. I’m also in crd and have received the identical email OP refers to.
The dates are exact as per the email. I believe dates might be different for various groups however these are the ones as per the crd email from RP. CRD people should know who RP is.
I doubt they’ll get any volunteers though.
OP may or may not be trolling. Whether or not volunteers are sought or accepted is NOT a company-wide edict. It's up to the senior management (SVP or so) in your area. No doubt some will want to do all the choosing to get rid of dead wood. Others will seek (or just allow) volunteers.
Dates from the OP seem a bit off from what I know. My take is ~June 20 final date with the warn notice going out 60 days prior. Second wave in September from same warn notice. Those will be most likely some volunteers who's activities are considered more critical. Some will be leaving very quickly after the warn notice if they are thought to be IP theft risks.
It’s not fake for god sakes.
CRnD received the email.
It seems QCT didn’t.
I’m in CRnD and have the email.
My counterparts in QCT do not.
We’ll soon find out. Then you can decide whether or not the post is fake.
Stop calling the post fake when it isn’t.
May be your department didn’t receive the email. We in CRnD did. Looks like not everyone did.
Those who claim FAKE - prove it
Those who claim legit - prove it.
Let's take one clear direction and move forward into the echocysteem.
This is legit. Not fake. It's happening.
Lies! All Lies!
This is satan attempting to bring fear to the faithful!
I declare a hedge of protection on The Name of Our Lord and Savior Jesus Christ to protect everyone at Qualcomm.
If the The Lord can use President Trump to save us once He can most certainly do it again!
Watch out Satan! Jesus Christ is our provider and protector!
I call upon Jehovah Jireh!
Amen Brothers and Sisters! Amen!
Checked around with a few q friends in different departments and they have not got such email. Stop the fake news, it's hurting morale, productivity, the bottom line and ultimately each and every employee. Fake news ain't funny stuff!
Did they set up a counter showing the latest count on the TV's yet?
Wow, 5700 views in 16 hours.
Anyone calling this post fake is not one of us..simply check around...news is legit.
Qualcomm shareholders are so dumb that they believe rumours of this site... no wonder they want to sell gold mine for quick bucks...
I'm not a Qualcomm employee, but a shareholder. How can your company ask people to volunteer? Layoffs is about closing less business efficient programs, streamlining operations, not about an individual. If this news is true, you have some serious trouble coming from the shareholders.
I think should give fake news spreader a death penalty
fuh fuh fuh FAKE news
Thanks Qualcomm
The severance package is good
Good employer Qualcomm is
can confirm. Roach coach employee parked on Morehouse Campus.
HEADFAKE
OP trying to ruin your career. All info posted easily obtained online. Nothing new in post to say different.
What a bunch of Puzzy whiners! Several decades ago, a layoff would be no notice and no severance package. Go find another f**ing job with poorer benefits, equal or less pay. No WFH, NFW, OOO bullsit. If you owned a company, would you want to employ you with your entitled attitude? QCOM is being very generous to those who are being RIF’ed . If Broadcom had taken over, you would be whining to e^6!
Understand the 2 weeks per year, but what is the "+ severance"?
It is 4w for engr or 8w staff engr or 12w for dir,vp or 16w for svp
Ppj : do you want me to also send you my name,address,pay rate? Please post your address here and I shall snail mail you everything. Moron!
Does anyone know what the final package is? Someone mentioned "severance + 2 weeks for every year/month/week you’ve been with QCom, and compensation for health care". Understand the 2 weeks per year, but what is the "+ severance"?
No invested stocks. No CIC, means no immediate vesting. What s---s is that the RSUs granted last Nov, none will be vested until 12 months later (which is this Nov), so they are useless if you are let go now. You are still being paid regularly until the layoff day. And you are supposed to work till your layoff day as well. After all we are being paid a salary to work.
Does the severance kick in from after May 21st? That is, do they pay you salary until May 21st and severance pay is after that? Also, what about all of the unvested stocks?