Considering Apple renewed its modem contract today with Q till 2026, will Q still lay off the employees it had planned for the September layoffs or are they planning to go on a hiring spree? Also, do we still have people in Q looking to make a move to Apple and still hold Apple modem teams in high regard? #modem #5g #layoff #hiring
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Tell us you have no idea how a business runs without telling us
I read "No more layoffs" as "No. More layoffs" picked the wrong option. Our lives hang by a period!
Layoffs still happening cutie 😒
Layoffs confirmed. 20 to 30 percent in US is the rumor. This number could change based on this news. But pretty bad cuts for sure in the US. Q will take this as a blessing and do the required cuts so they can expand in India and Mexico.
20%-30%???? No way I don’t believe that
No way Jose 20-30% is a literal bloodbath. My guess would be 10%. Also 20-30% reduction of a company that just went through layoffs recently is HUGE.
Lol was pinged for validation contract roles, Q is still hiring
I see hiring has restarted. Lots of open positions in Q now
The layoffs early this yr was very small with most ppl taking early retirement packages. Next month cuts will go deep since this is the last one for a while so my guess is at least 15% to help right size the cost.
It was never meant to be in September. The email from ceo said October. When in October is anyone's guess
I think management will still go ahead with planned reduction and take opportunity to make light weight so numbers looks good on earnings. Many folks at fruit and qcom know about fruit don’t have option so news is not new. It’s all calculated
One of the Q's reasons to hire aggressively in 2019 iwas because of Apple as a customer. Now that Apple decided not to renew its offer, I thought Q would let go off some of their modem employees. I heard they had a round of layoffs in May 2023, too.
just like microsoft invested 10B in open AI and bought major stake just next day of layoffs