NXP Sensors is up to sale for any company willing to pay for a high quality group of engineers. Well, just a few of them are left since 50% was laid off by the high management, they were only choosing names without knowing how much each person was... — read more
Anyone have info on how many people and where were already laid off? Which profiles? I’ve been hearing a lot of engineers are being let go. Do we know how long this will last?
Understood some senior engineers are being shipped to China. They have some fake returned ticket and will be stuck there. No access to any Doblo will be possible!
Hi Does anyone knows if Europe will also be affected by layoff? Netherlands and Austria had layoffs but any news about France and Germany?
Massive lay offs on all locations in the US. Managers in tears firing top performers engineers. Years of experience and training wasted in just a few days to keep the stock value high? What about their ethics? They claim to be the most ethical... — read more
AZ teams highly impacted, SD an SC continue to see more layoffs. India will be impacted later next week..
Does anybody know what's happening with layoffs? Is it over, at least for now?
Layoffs and restructuring occuring. Significant cuts of up to 20% and some departments and facilities closing down completely.
If the market makes a turn soon, do you think there will be NXP Semiconductors layoffs? Any chatter, news or rumors?
I've been hearing about many more cuts in the tech sector, including most recently at Dell and Qualcomm. I'm surprised that it's been this long since we've had a major round. I don't want to jinx it, but I'm starting to worry that this is the calm... — read more
After this week's layoffs, can we relax for now? Have there been any rumors of cuts continuing next week?
Is it possible that there will be no continuation of last week's cuts?
Planned for April end.. getting ready!! Majority in US teams .. cost reduction underway.?
I heard a rumor that layoffs will be in Q4.
Seems like a lot of low performers getting impacted this quarter? Budget cut & hiring freeze..
If the economy turns around, do you anticipate any NXP Semiconductors layoffs? Any chatter, news or rumors?
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'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
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
Is there truth to this rumor? That BSTC is closing and all 120 engineers will be laid off? And not even given positions elsewhere.
Comment in this thread - it'll be the main thread.
Info request - what's the total headcount at the co? How many people are employed at Eindhoven?
Do you think there will be NXP Semiconductors Layoffs 2020? Any news or rumors?
Layoffs to happen soon in Eindhoven....
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
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 people are being fired in NL combined. Both Nijmegen and Eindhoven combined. And RC gives himself $300,000,000 bonus!
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.
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
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
4 were let go
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
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
Some news where Sam might be looking at buying N !
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?
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
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.