I am going through a lot of news that Qualcomm is going to fire a lot of employees amid their sluggish growth. Quarter results are almost -23% Anybody knows how much job cuts are possible and will it be in only US or even India too ? As I have heard job cuts could be around 20% of all. TC: 50LPA, India #hardware #semiconductor
10 will be a minimum as they did for intel.
10%-15%
Let's see
Qualcomm is about to party like it's 2015. Globally 10-15%. USA maybe even 20%.
Haha. I remember those days. Mollenkopf said SRP. Strategic Realignment Plan.
Rumor has it that India+East will have very few layoffs
That’s possible
How is Qcom Nuvia doing?
Apparently okay, but still haven’t released anything yet
You mean no product in market?
There is a difference in firing and being laid off.
Yeah I was about to comment the same. FIRING AND LAYOFF ARE TWO DIFFERENT THINGS
Nuvia team will be laid off?
No
What about core teams? Will there be layoffs in Gpu, camera ?
Yes
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Somewhere on blind I read 10% globally
Okay