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Comments (2)
The slow drip strategy is a classic move to manage the stock price and avoid the negative press that comes with mass layoffs. By keeping the numbers small, they bypass the mandatory WARN act triggers in some jurisdictions and prevent the internal morale collapse that follows a massive headcount reduction. It is a cynical way to operate, but from a corporate perspective, it is much easier to weather a dozen tiny storms than one massive hurricane. Everyone on campus feels the tension; you never know if your department is next on the chopping block.
Honestly, this is just standard procedure for Qualcomm at this point. They have been doing these rolling cuts for years to stay lean without tanking their reputation in the public eye. It is incredibly demoralizing to watch your team get gutted bit by bit rather than just ripping the bandage off. The perpetual state of uncertainty is designed to make people quit on their own so the company doesn't have to pay out as much in severance. If you are still there, keep your resume updated because the drip never really stops.