XrayMan
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As part of its promise to investors to reduce costs by $1 billion, Qualcomm has started cutting around 1,500 jobs. Most of these layoffs will take place in California, but Bloomberg reports that there will be some losses in other locations. Qualcomm, which employees around 33,800 employees globally, is set to file Worker Adjustment and Retraining Notification (WARN) notices with California in the next few days. Link
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rjohnson11
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Re: Qualcomm is cutting 1,500 jobs, most of them in California, as it looks to reduce cost
2018/04/23 23:04:38
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To cut 1 billion dollars will take a lot more than 1500 employee being laid off.
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XrayMan
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Re: Qualcomm is cutting 1,500 jobs, most of them in California, as it looks to reduce cost
2018/04/23 23:14:39
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They aren't finished yet. ;)
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GTXJackBauer
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Re: Qualcomm is cutting 1,500 jobs, most of them in California, as it looks to reduce cost
2018/04/24 02:31:41
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I wonder if those poor employees were forced to train their replacements? Foreigners on visas's or overseas? Seems like the norm nowadays.
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lehpron
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Re: Qualcomm is cutting 1,500 jobs, most of them in California, as it looks to reduce cost
2018/04/24 13:38:38
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Are we talking about janitors or engineers, and is it a coincidence following the ZTE ban?
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fearpoint
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Re: Qualcomm is cutting 1,500 jobs, most of them in California, as it looks to reduce cost
2018/04/24 16:11:33
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California is insane. It's even worse for businesses. Not surprising. There is a great exodus currently going on in California from citizens to businesses. Even one of EVGA's well known crew left.
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Nereus
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Re: Qualcomm is cutting 1,500 jobs, most of them in California, as it looks to reduce cost
2018/04/24 19:26:03
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fearpoint California is insane. It's even worse for businesses. Not surprising. There is a great exodus currently going on in California from citizens to businesses. Even one of EVGA's well known crew left.
This ^. California is self-destructing. I'd be packing up too if I had a business there.
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PietroBR
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Re: Qualcomm is cutting 1,500 jobs, most of them in California, as it looks to reduce cost
2018/04/25 06:28:39
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Nereus
fearpoint California is insane. It's even worse for businesses. Not surprising. There is a great exodus currently going on in California from citizens to businesses. Even one of EVGA's well known crew left.
This ^. California is self-destructing. I'd be packing up too if I had a business there.
What's happening at California guys? Enlighten me, since I'm not from US, please.
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panzlock
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Re: Qualcomm is cutting 1,500 jobs, most of them in California, as it looks to reduce cost
2018/04/25 06:36:41
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PietroBR What's happening at California guys? Enlighten me, since I'm not from US, please.
Really? It's become a refuge for the entitled, liberal douchebags of the USA. If Florida is America's garbage can, then California is the asylum for the mentally handicapped.
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Bobmitch
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Re: Qualcomm is cutting 1,500 jobs, most of them in California, as it looks to reduce cost
2018/04/25 07:03:27
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Losing jobs is never a good thing! All about stockholders now...
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Nereus
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Re: Qualcomm is cutting 1,500 jobs, most of them in California, as it looks to reduce cost
2018/04/25 08:55:24
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panzlock
PietroBR What's happening at California guys? Enlighten me, since I'm not from US, please.
Really? It's become a refuge for the entitled, liberal douchebags of the USA. If Florida is America's garbage can, then California is the asylum for the mentally handicapped.
Yup, pretty much covers it. New York (City at least) seems to be following in CA's footsteps in some ways.
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PietroBR
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Re: Qualcomm is cutting 1,500 jobs, most of them in California, as it looks to reduce cost
2018/04/26 04:34:35
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Nereus
panzlock
PietroBR What's happening at California guys? Enlighten me, since I'm not from US, please.
Really? It's become a refuge for the entitled, liberal douchebags of the USA. If Florida is America's garbage can, then California is the asylum for the mentally handicapped.
Yup, pretty much covers it. New York (City at least) seems to be following in CA's footsteps in some ways.
Thanks. Didn't know it was getting that bad there.
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quadlatte
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Re: Qualcomm is cutting 1,500 jobs, most of them in California, as it looks to reduce cost
2018/04/26 14:13:57
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PietroBR
Nereus
fearpoint California is insane. It's even worse for businesses. Not surprising. There is a great exodus currently going on in California from citizens to businesses. Even one of EVGA's well known crew left.
This ^. California is self-destructing. I'd be packing up too if I had a business there.
What's happening at California guys? Enlighten me, since I'm not from US, please.
cant really go into great detail on whats going on there with out getting political, but lets just say due to the cost of living, insane rules and taxes and the complete ignorance of state leaders it is becoming what most call it...commifornia
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