Thread regarding Qualcomm Inc. layoffs


Layoff news leaked on purpose?

Interesting to see how every media outlet, even most respected ones like Forbes, WSJ and others, picked up the stories of imminent headcount cuts and possible company break up. I am not a conspiracy theorist, but its seems very suspicious that all of this gets publicized in the mass media 2 days prior to earning call. Could it be one of the strategies used by execs to boost the stock price in hope that the market reacts favorably to the news? I also suspect that earning will be disastrous (no surprise here) so letting the rumors out 2 days in advance may soften the blow to stock price a bit. What do you think?

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Except if the company split speculation is realized, then there will be a 10% pop, at least, based on valuation.

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As always, sell on rumors. 10+% down on Thu.

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I think it is very much possible

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It was fed by QC PR, its unofficial official news.

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