1. Incredibly political atmosphere fosters hostility and resentment among employees. Many of the "Qualcomm lifers" are there to "rest and vest" and are incredibly resentful of newcomers.
2. Extremely top heavy company with excessive amounts of upper management who expect the few non-management employees to do all of their work for them with no assistance, or guidance. Many Managers, Directors and VPs have no direct reports, and many departments have more management-level employees than not.
3. The company panders to the short-term whims of their investors, at the long-term cost of the company. One only needs to look at the on-going "cost reduction initiative" to save $1 billion to realize this. The company announced the initiative a few days before being slapped with around $1 billion in regulatory fines. Instead of adjusting their business model to prevent even further regulatory damages (QC has been slapped with major fines by Korea, China, and the EU to name a few), they insist on continuing with their controversial business model and instead choose layoff thousands of employees once more. Additionally, as part of the initiative there are no opportunities for internal transfers resulting in a mass exodus of much of the company's young, top talent.
The bottom line: I had high hopes for this company when I first started. Unfortunately, Qualcomm is a sinking ship. It's only a matter of time before all of their top young talent leave for another company that will do right by it's employees and investors, a company with a sustainable vision for the future, in addition to equitable pay.
