Layoffs to happen soon in Eindhoven....
4 replies (most recent on top)
buying someone is for being sold
5G will not need MCU, NFC, bluetooth and WiFi anymore which means N's divisions are useless.
SG&A doesn't matter. R&D should be preserved, they have run outta gas developing new products.
Heard the rumor that 20+ cuts planned in Hamburg as well
SG&A is 10% in 2019 - target is 7% within 3 years. Such cut news shouldn't be surprising bro