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  • August 8, 2006 at 4:28 PM #7144
    ybc
    Participant

    Like someone said before, Nokia will lay off about 50% of its SD workforce — here is the announcement that just went out:

    http://www.signonsandiego.com/news/business/20060808-1441-bn08nokia.html

    So what’s the buzz among people who’re impacted? Who gets laid off? Will they likely find jobs locally? How many will QCOM absorb?

    August 8, 2006 at 4:39 PM #31330
    an
    Participant

    The news is that they’re laying off everyone, then rehire 550 people. So think that’s about 550-650 people needing jobs. I’m not sure if QCOM and Moto will be able to absorb them all, but I think they can. So it probably won’t be as big of a shock as if they lay off everyone.

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