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
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..
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
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?
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
Hi Does anyone knows if Europe will also be affected by layoff? Netherlands and Austria had layoffs but any news about France and Germany?
Is it over?
Does anybody know what's happening with layoffs? Is it over, at least for now?
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
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
Layoffs planned for Q4, 2023?
I heard a rumor that layoffs will be in Q4.
NXP Layoffs Occuring
Layoffs and restructuring occuring. Significant cuts of up to 20% and some departments and facilities closing down completely.
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 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?
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.
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?
NXP Semiconductors N.V. Layoffs 2019
Do you think there may be small/medium/large NXP Semiconductors N.V. Layoffs in 2019?
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!
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
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
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
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.
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
some sites in Europe will be shut down
Is this real ?
San Diego CA impacted
4 were let go
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?
N getting traction in the share market, another potential sell news?
Some news where Sam might be looking at buying N !
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
Clemmer Killing off xFSL?
The cuts since the NXP takeover seem to have been heavily FSL based? Is this because labor laws are nonexistant and its easy? The merger was not 1+1=2, it seems that revenues are about. FSL only had about 18000 employees to begin with. I wonder what... — read more
NXP Semiconductors N.V. Layoffs 2018
Last year all was fairly good, now all of the sudden things move, people are complaining and there are rumors about layoffs in Eindhoven.
RSUs
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.