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.
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.
$80 Brace for impact!
The stock dropped to a multiyear low today after testing $84 several times this week. It was higher than this level in Feb of 2014. At what point do we have a SGM and start replacing board members and firing this management team? There have been a... — read more
CFO also mentioned at the Deutsche Bank technology call on 13th Sep that "they probably have to sell some non-strategic low margin business" to achieve 57% margin. BTW the 1B$ these guys have received from investors quite recently, is a "bridge... — read more
“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
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.
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
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
Is this real ?
I heard big layoff is coming pretty soon!!
There was no mass layoff in DN as promised. It's cheaper to lay off in bits and pieces. If you don't find something in a couple of months to justify your salary, then good luck. No clarity was provided on what DN folks should focus on beyond end of... — read more
Let's see how many heads will be chopped off. The next guy is RF. Ricks bar is busy to make progress until 11th of September to kiss many Ilsa's in Casablanca ;-) After such long silence an avalanche should come. Prepare the CVs :-)