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Comments (2)
It is honestly becoming a monthly ritual at this point. They aren't doing big splashy layoffs anymore because that destroys the stock price and morale all at once. By drip-feeding these cuts in smaller batches, they avoid the media attention while achieving the same headcount reduction. It is a calculated strategy to keep us off balance. Don't expect this to stop in Q1, as the management seems committed to 'operational efficiency' indefinitely. Start looking elsewhere now while you still have the peace of mind to interview.
I understand the anxiety, but from a business perspective, Qualcomm is pivoting hard toward automotive and IoT segments. These ongoing shifts are unfortunately just the cost of reallocating resources away from legacy mobile divisions. It sucks for those caught in the crossfire, but this is the reality of a company trying to stay relevant in a changing market. I wouldn't hold your breath for a 'done' date. Just keep your resume updated and focus on your own personal growth rather than waiting for the corporate axe to fall.