>As I understand it, QCOM maintains about 20 to 25% of its work force as temps. Thus eliminating the need to pay those folks benefits, leaving every one of them with an insecure future. QCOM never hesitates to lay them off without a moment's notice. So, I never hesitate shorting this beast...short above 400. <
Yes, Q does hire a lot of temps. So do a lot of other companies. As for laying them off without a moments notice, this is not true. They do get notice. As for the "insecure future", thus is the life of a temp. That is part of the 'game'. If the temps don't like it, they have the choice to not be one.
I fail to see the correlation between having temps, and shorting the stock, unless one has another agenda. Be careful.
Don't get me wrong, it's not that I have anything against temps, but, if they are upset, then it is their own problem, not Q's.
Just my two cents. |
