Now is the turn for laying off a massive amount of engineers in manufacturing. On top of that, NXP CEO Kurt Sievers making remarks of other companies like Microchip for reducing 10% of their salaries for engineers and 20% for their management and... — read more
NXP Sensors up for the take
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
Any updates?
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?
NXP Europe Senior engineer shipped to China
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!
NXP Europe
Hi Does anyone knows if Europe will also be affected by layoff? Netherlands and Austria had layoffs but any news about France and Germany?
Worst company to work for in the US, stay away from it
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
Layoffs happening in SanDiego n AZ
AZ teams highly impacted, SD an SC continue to see more layoffs. India will be impacted later next week..
Is it over?
Does anybody know what's happening with layoffs? Is it over, at least for now?
NXP Layoffs Occuring
Layoffs and restructuring occuring. Significant cuts of up to 20% and some departments and facilities closing down completely.
NXP Semiconductors Layoffs 2024
If the market makes a turn soon, do you think there will be NXP Semiconductors layoffs? Any chatter, news or rumors?
More cuts in the tech sector
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
Will cuts continue next week?
After this week's layoffs, can we relax for now? Have there been any rumors of cuts continuing next week?
No layoffs so far this week
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
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?