Where the Layoffs Are—Is Your Firm on the List?

[UCGal]

[quote=paranoid]Somebody said that Qualcomm has about 1000 job opennings. Is this true? That would be very bullish for the housing market.[/quote]
Most of the people in my group got emails from a Qualcomm recruiter based on our linked in profiles so the Q is being pretty aggressive about recruiting.

[UCGal]

[quote=flu]UCGal,

You heard the the latest rumors on what Sanjay is up to? 🙂 If it turns out to be good, well it might be good.[/quote]
Haven’t heard. Tell me (you can pm if its not OK for public)

[UCGal]

[quote=CDMA ENG][quote=UCGal]Looks like Mot Mobility/Goog today.
My group was hit – but I survived. (So far.)

Mobile devices group here in San Diego was decimated if rumors are to be believed. (I work for the cable side.)

My Schwab financial adviser called me to make sure I was ok – she’d been getting calls from clients who work here and want to know about rolling their 401ks.

The press (various articles) says 4000 jobs worldwide from Mot mobility. 1300 or so from the US. 700 from Illinois according to the Chicago Tribune. If rumors are to be believed it’s about 200 from San Diego.[/quote]

Wife reports the same about Mobility. Almost entire group layed off.

So many people got fired she is wondering where she is working next as she can’t imagine that they will be keeping the buildings.

CE[/quote]
Still several hundred Home employees. I don’t think people realize this campus was majority Home employees. I suspect they’ll consolodate us into building 2 and lease out or sell building 1. It’s owned free and clear and on separate lots. Prop tax records show it’s owned under the old General Instrument name.

[Coronita]

[quote=UCGal][quote=paranoid]Somebody said that Qualcomm has about 1000 job opennings. Is this true? That would be very bullish for the housing market.[/quote]
Most of the people in my group got emails from a Qualcomm recruiter based on our linked in profiles so the Q is being pretty aggressive about recruiting.[/quote]

QC is making war with a lot of people. So they need a lot of soldiers. It’s really not going to be that bad imho in the mid term….I’ll send you a PM…

[CDMA ENG]

[quote=UCGal][quote=CDMA ENG][quote=UCGal]Looks like Mot Mobility/Goog today.
My group was hit – but I survived. (So far.)

Mobile devices group here in San Diego was decimated if rumors are to be believed. (I work for the cable side.)

My Schwab financial adviser called me to make sure I was ok – she’d been getting calls from clients who work here and want to know about rolling their 401ks.

The press (various articles) says 4000 jobs worldwide from Mot mobility. 1300 or so from the US. 700 from Illinois according to the Chicago Tribune. If rumors are to be believed it’s about 200 from San Diego.[/quote]

Wife reports the same about Mobility. Almost entire group layed off.

So many people got fired she is wondering where she is working next as she can’t imagine that they will be keeping the buildings.

CE[/quote]
Still several hundred Home employees. I don’t think people realize this campus was majority Home employees. I suspect they’ll consolodate us into building 2 and lease out or sell building 1. It’s owned free and clear and on separate lots. Prop tax records show it’s owned under the old General Instrument name.[/quote]

Ya Hooo!!!

Thanks for the 411 UC… I enjoy the fact that she will remain in Sorrento Valley. I work here as well across from one of the monolithic Q Com buildings and it is nice to be able to have lunch with her from time to time (and car pooling when one of the cars are in the shop).

Thanks again!

CE

[enron_by_the_sea]

The rumor is that Intel is (re)coming to San Diego. So MMI employees need not worry!

[flyer]

A friend mentioned the article below to me. Even though I’m not in this field, I thought it might be interesting to add the link to this thread. Wonder how many people they are planning to hire?

http://blogs.intel.com/jobs/2012/08/03/validatingquashing-rumors-is-intel-opening-an-office-in-san-diego/

[blake]

Google cuts at Motorola cost 160 San Diego workers jobs

[quote]
About 160 workers at Motorola Mobility’s facility in San Diego are among the 4,000 employees worldwide who are losing their jobs as new owner Google seeks to make the business profitable.

Motorola Mobility confirmed the job cuts at its San Diego center in a phone interview with U-T San Diego. The company also posted the layoff notice with the state under the Worker Adjustment and Retraining Notification (WARN) Act.

Several Motorola Mobility business units operate in San Diego, including groups that design cable modems, gateways and other broadband communications gear. Some mobile phone and other business operations also are located here.
….
[/quote]

[paramount]

I’m sure this is not news and I won’t go into details except to say that defense is getting hit pretty hard right now in San Diego.

[CardiffBaseball]

[quote=paramount]I’m sure this is not news and I won’t go into details except to say that defense is getting hit pretty hard right now in San Diego.[/quote]

SAIC’s relocation to the East Coast will be complete around the first quarter of next year. The only thing remaining will be those supporting contracts with business units that have a local presence. All corporate functions, IT/Finance/AP-AR/Treasury/HR and exec management moving to the east coast.

[equalizer]

[quote=CardiffBaseball][quote=paramount]I’m sure this is not news and I won’t go into details except to say that defense is getting hit pretty hard right now in San Diego.[/quote]

SAIC’s relocation to the East Coast will be complete around the first quarter of next year. The only thing remaining will be those supporting contracts with business units that have a local presence. All corporate functions, IT/Finance/AP-AR/Treasury/HR and exec management moving to the east coast.[/quote]
Do you know how many positions that are being eliminated in San Diego?

[CardiffBaseball]

[quote=equalizer]
Do you know how many positions that are being eliminated in San Diego?[/quote]

No I don’t know, but there are a lot of software resumes hitting the market.

[UCGal]

[quote=paramount]I’m sure this is not news and I won’t go into details except to say that defense is getting hit pretty hard right now in San Diego.[/quote]
One local company has filed a WARN notice.

http://www.edd.ca.gov/jobs_and_training/warn/eddwarnlojd12.pdf

BAE is set to cut 77 people.
(Cuts less than 50 people in 1 month don’t require WARN notice.)

Another regional cut, not defense related…
http://articles.latimes.com/2012/aug/21/local/la-me-0821-san-onofre-20120821

[SD Transplant]

Linky:
http://globaleconomicanalysis.blogspot.com/2012/10/mass-firings-soar-at-fastest-pace-since.html

Firing Details

Ford is closing its first European car-assembly factories in 10 years
AMD, the second-largest maker of processors for personal computers, said last week it will cut 15 percent of its staff, or about 1,665 jobs, after forecasting fourth-quarter sales that fell short of analysts’ estimates.
Dow Chemical will close 20 plants in the U.S. and abroad to eliminate about 2,400 jobs
DuPont plans to trim 1,500 jobs after third-quarter profit trailed analysts’ estimates
Cummins Inc. (CMI), a Columbus, Indiana-based engine maker, said it expects to erase as many as 1,500 jobs by the end of 2012 and lowered its forecasts for sales and profit.
Kimberly-Clark Corp. (KMB) said this week it plans to cut manufacturing and administrative operations as it exits the diaper business in western and central Europe

[SD Transplant]

http://washingtonexaminer.com/companies-lay-off-thousands-then-demand-immigration-reform-for-new-labor/article/2535595

Interesting times we live in

[Author]

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