Home › Forums › Financial Markets/Economics › Qcom to cut 2000 jobs ?
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February 6, 2009 at 10:23 AM #342509February 6, 2009 at 10:33 AM #341980sdnerdParticipant
Doesn’t this describe just about every large company out there? They all have the layoff plans in the works should they need to use them. They’d be foolish not to in this environment.
And it’s correct, there are different regulations based on the amount of people being let go at any given site, total %, etc.
February 6, 2009 at 10:33 AM #342302sdnerdParticipantDoesn’t this describe just about every large company out there? They all have the layoff plans in the works should they need to use them. They’d be foolish not to in this environment.
And it’s correct, there are different regulations based on the amount of people being let go at any given site, total %, etc.
February 6, 2009 at 10:33 AM #342407sdnerdParticipantDoesn’t this describe just about every large company out there? They all have the layoff plans in the works should they need to use them. They’d be foolish not to in this environment.
And it’s correct, there are different regulations based on the amount of people being let go at any given site, total %, etc.
February 6, 2009 at 10:33 AM #342434sdnerdParticipantDoesn’t this describe just about every large company out there? They all have the layoff plans in the works should they need to use them. They’d be foolish not to in this environment.
And it’s correct, there are different regulations based on the amount of people being let go at any given site, total %, etc.
February 6, 2009 at 10:33 AM #342529sdnerdParticipantDoesn’t this describe just about every large company out there? They all have the layoff plans in the works should they need to use them. They’d be foolish not to in this environment.
And it’s correct, there are different regulations based on the amount of people being let go at any given site, total %, etc.
February 6, 2009 at 10:44 AM #341995CDMA ENGParticipantHope they aren’t…
I would like to work for them I think at some point…
CE
February 6, 2009 at 10:44 AM #342317CDMA ENGParticipantHope they aren’t…
I would like to work for them I think at some point…
CE
February 6, 2009 at 10:44 AM #342422CDMA ENGParticipantHope they aren’t…
I would like to work for them I think at some point…
CE
February 6, 2009 at 10:44 AM #342449CDMA ENGParticipantHope they aren’t…
I would like to work for them I think at some point…
CE
February 6, 2009 at 10:44 AM #342545CDMA ENGParticipantHope they aren’t…
I would like to work for them I think at some point…
CE
February 6, 2009 at 11:04 AM #342005AnonymousGuestI think Qualcomm is a very smart company. QC does not announce lay-offs for several reasons:
1. It has to maintain hiring status in order to work on green-cards/working-visa applications for current foreign workers in the company. One of the requirements by the US Govt. is to show unavailability of American workers.
2. Analyst do not like lay-offs because it shows weakness in bad times. Hiring shows company growth.
3. QC always hires people when others are laying-off. Good bargains — more labor for less π
4. With revenue of $4Billion+ hiring or laying-off 2K is peanuts.So, to answer your question — As someone else mentioned QC is always laying-off people quietly and hiring quietly UNLESS there is a spin-off announcement. I think MediaFLO announcement is coming pretty soon so they might be preparing for a lay-off. This gives them an opportunity to meet requirement number one at the same time lay-off people QC dos not like.
February 6, 2009 at 11:04 AM #342327AnonymousGuestI think Qualcomm is a very smart company. QC does not announce lay-offs for several reasons:
1. It has to maintain hiring status in order to work on green-cards/working-visa applications for current foreign workers in the company. One of the requirements by the US Govt. is to show unavailability of American workers.
2. Analyst do not like lay-offs because it shows weakness in bad times. Hiring shows company growth.
3. QC always hires people when others are laying-off. Good bargains — more labor for less π
4. With revenue of $4Billion+ hiring or laying-off 2K is peanuts.So, to answer your question — As someone else mentioned QC is always laying-off people quietly and hiring quietly UNLESS there is a spin-off announcement. I think MediaFLO announcement is coming pretty soon so they might be preparing for a lay-off. This gives them an opportunity to meet requirement number one at the same time lay-off people QC dos not like.
February 6, 2009 at 11:04 AM #342432AnonymousGuestI think Qualcomm is a very smart company. QC does not announce lay-offs for several reasons:
1. It has to maintain hiring status in order to work on green-cards/working-visa applications for current foreign workers in the company. One of the requirements by the US Govt. is to show unavailability of American workers.
2. Analyst do not like lay-offs because it shows weakness in bad times. Hiring shows company growth.
3. QC always hires people when others are laying-off. Good bargains — more labor for less π
4. With revenue of $4Billion+ hiring or laying-off 2K is peanuts.So, to answer your question — As someone else mentioned QC is always laying-off people quietly and hiring quietly UNLESS there is a spin-off announcement. I think MediaFLO announcement is coming pretty soon so they might be preparing for a lay-off. This gives them an opportunity to meet requirement number one at the same time lay-off people QC dos not like.
February 6, 2009 at 11:04 AM #342459AnonymousGuestI think Qualcomm is a very smart company. QC does not announce lay-offs for several reasons:
1. It has to maintain hiring status in order to work on green-cards/working-visa applications for current foreign workers in the company. One of the requirements by the US Govt. is to show unavailability of American workers.
2. Analyst do not like lay-offs because it shows weakness in bad times. Hiring shows company growth.
3. QC always hires people when others are laying-off. Good bargains — more labor for less π
4. With revenue of $4Billion+ hiring or laying-off 2K is peanuts.So, to answer your question — As someone else mentioned QC is always laying-off people quietly and hiring quietly UNLESS there is a spin-off announcement. I think MediaFLO announcement is coming pretty soon so they might be preparing for a lay-off. This gives them an opportunity to meet requirement number one at the same time lay-off people QC dos not like.
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