Is it possible that there will be no continuation of last week's cuts?
Re-org & headcount reduction
Planned for April end.. getting ready!! Majority in US teams .. cost reduction underway.?
Layoffs planned for Q4, 2023?
I heard a rumor that layoffs will be in Q4.
Layoffs planned for this quarter
Seems like a lot of low performers getting impacted this quarter? Budget cut & hiring freeze..
NXP Semiconductors Layoffs 2023
If the economy turns around, do you anticipate any NXP Semiconductors layoffs? Any chatter, news or rumors?
Looking forward to more good news
I see that some people tend to worry, but I'm not one of them when there's no reason to be. And let me tell you, it's good not to be worried about layoffs when everybody else is. For as long as results stay as good as they have been, I think we can... — read more
I am wondering what is about NXP site in Russia? Is it still operating after the Russia-Ukraine crisis?
Are we going to continue beating estimates?
I'm a little worried about Monday's earnings report. Our leadership has been known to be layoff-trigger happy. If we don't go over or even meet forecasts and/or results are not exactly where they want them to be, I could see layoffs in our... — read more
Attrition is getting worse and worse
I'm not sure if this is happening all over the company or just here, but the attrition is truly getting out of hand. I'm not sure why so many people are leaving. Yes, the situation is not ideal but it's not that bad either. I honestly feel like I'm... — read more
Brazil Semiconductor Technology Center (BSTC) layoffs?
Is there truth to this rumor? That BSTC is closing and all 120 engineers will be laid off? And not even given positions elsewhere.
This is your thread if you have a Question or an Answer about Corona Virus and NXP Semiconductors
Comment in this thread - it'll be the main thread.
How many people work at NXP Semiconductors?
Info request - what's the total headcount at the co? How many people are employed at Eindhoven?
NXP Semiconductors Layoffs 2020
Do you think there will be NXP Semiconductors Layoffs 2020? Any news or rumors?
Layoffs to happen in Eindhoven
Layoffs to happen soon in Eindhoven....
Bonuses of this level do not occur due to performance
This is the real game. If the board and the executive believed in this company they would be buying stock and selling them at a profit, not giving themselves this kind of money. If RC is given 300Mil then what are the board getting? Why? What are the... — read more
Too late for goodbyes
The replacement of experts is a short term measure though and the window for selling NXP may be closing. The lack of experts means that the k--ler products that would be worth real revenues are drying up. One example would be the i.mx6 versus the... — read more
20 in NL (Eindhoven+Nijmegen)
20 people are being fired in NL combined. Both Nijmegen and Eindhoven combined. And RC gives himself $300,000,000 bonus!
Starts have dropped off. Waiting for next round of layoffs
Starts are less than half of what they were last year. Layoffs have been a few people here and a few people there. Expect layoffs to be more senificant after Q2 eurnings come out.
Wrong people are being laid off
They are cutting costs where it is going to hit them more. Instead of getting rid of non productive managers, they are laying off remaining core engineering experts which always bail them out of technical problem situations. And this is the main... — read more
No innovation at NXP
A comp which is continuously chopping off lowperf focuses on only upgrades of legacy products. There cannot be innovation in such a toxic env. It's a kind of wait time before a restructuring. xFSL and Q times were like this and still ongoing. Rumors... — read more
San Diego CA impacted
4 were let go
More layoffs at NXP
Layoffs are happening in Austin at NXP Oak Hill. I know a maintenance tech that worked there for over 20 years and they can laid off the other day. Has anybody else hear anything more about layoffs that have happened yesterday? Do we know if it was... — read more
Nxp layoffs this week Feb 16 2019
Layoffs yesterday and today, to continue into front half shift tomorrow morning. All fab workers including maintenance and operators and process techs so far. On Monday who knows there may be engineers or office people involved. SADLY none of the... — read more
N getting traction in the share market, another potential sell news?
Some news where Sam might be looking at buying N !
Why is Clemmer still there?
Just wondering why Clemmer is still in charge of this company? Performance appears ordinary since the failed merger. What's the holdup on putting a new CEO and team in place?
Qualcomm has no interest in pursuing the acquisition of NXP
I imagine some people thought that Qualcomm's interest in acquiring NXP would revive after the meeting of the Chinese and the US President, in which it was stated that Chinese authorities stated that they are willing to reconsider approving this... — read more
NXP Semiconductors N.V. Layoffs 2019
Do you think there may be small/medium/large NXP Semiconductors N.V. Layoffs in 2019?
50 laid off in Netherlands. Half Nijmegen and half Eindhoven. Identification in Eindhoven hit hard. Layoff also in Austin TX.
How is the RSU allotment in NXP? Does NXP provide RSUs to everyone in G4?. With NXP remaining independent do we expect a grant this time around? Previous company used to provide good number of RSUs that would vest annually.
dive! dive! dive!
$80 Brace for impact!
The stock dropped to a multiyear low today after testing $84 several times this week. It was higher than this level in Feb of 2014. At what point do we have a SGM and start replacing board members and firing this management team? There have been a... — read more
Deutsche Bank technology call on 13th September
CFO also mentioned at the Deutsche Bank technology call on 13th Sep that "they probably have to sell some non-strategic low margin business" to achieve 57% margin. BTW the 1B$ these guys have received from investors quite recently, is a "bridge... — read more
NXP presents the newest NFC tag solutions
“As the number of connected objects is expected to reach 40 billion by 2022, there is a growing trend of organizations seeking more secure and feature-rich connectivity solutions,” said Phil Sealy, Principal Analyst at ABI Research. “Solutions such... — read more
To be sold
Folks, Any news about depart to be sold ? except Mcu and Auto nothing garanteed
NXP just borrowed 1B. The "party" will continue, music is still on.
infineon to buy some IP from NXP
An Amercian manager of RF told me today that infineon is discussing with NXP to buy RF and DN IP from NXP, will this result in major layoff ? and can this be related to full SIP IPS ? Prepare your CVS guys
Inside source tells me "YUGE" layoffs coming for former DN people. Timing is expected to be mid to late October. Auto and MC managers are being told to prepare a (short) list of who they think should be saved. They're still shopping the division, but... — read more
Can anyone post here or have they shut it down?
Seems like noone can post
Anyone hearing anything about the $5B buyback or was that just a load of BS shoveled into the press to stop panic? It seems nothing is happening with this stock prices couple of months after Q payed NXP the breakup fee. Nothing is appearing in the... — read more