Does this sound familiar to Qualcomm shareholders:
Kraft-Heinz stock collapses - down 28% - as its short-term focus & aggressive cost-cutting are destroying its business. Stock down 62% in 2 yrs since its failed hostile takeover of Unilever in Feb 2017.
Almost word for word what is happening to Qualcomm. Just substitute NXP for Unilever. What is happening to Kraft-Heinz is PRECISELY what I posted would happen to Qualcomm on this board... “they will study the Qualcomm downfall in business school for years to come.”
In the words of Bill George, Harvard Business School Professor: “This illustrates the flaws in strategy of maximizing short-term value by excessive cost-cutting, instead of focusing on your customers & employees to create shared value & sustainable growth in shareholder value.”
Read about it here:
https://cnb.cx/2IucoaX.