Thread regarding NXP layoffs

No Cinderella moment for Q-N. Time to fasten your seat belt!

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Post ID: @UlCgo5C
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I personally don't see a reason why any merger would benefit me in the long run. I kind of like having a few employers out there in the event I'd need to brush up my resume.

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Post ID: @UlCgo5C-5twf

"Engineers always lose, no matter what... Sad!" RC is doing things the way he learnt at TI. When I was at TI they also treated engineers the same way. TI has not gone ahead either because it has a similar mindset. A TI/NXP merger makes much more sense than a Q merger from a culture standpoint but it would be hell on everyone because of the overlap. TI is likely to only want small pieces of NXP. TI killed off large pieces of its micro business because of cheap ARM's from elsewhere. It made financial sense because of the cost overhead. RC is yet to repeat that but I think its coming. Micro and Auto are spending way too much on micro development.

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Post ID: @UlCgo5C-5bnt

agreed. Our offices still have that stinky carpet, most probably installed in the early 90s. No cent will be invested in improving our working environment. On that you can bet.

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Post ID: @UlCgo5C-3yag

Shareholders will like to see that $2B in share repurchase. Engineers always lose, no matter what... Sad!

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Post ID: @UlCgo5C-2adi

"Won't fire anyone"?

When was the last time the numbers were this bad and RC didn't have a cut? The last cut didn't fix the revenues so logic says another cut is coming? How can you have all of the units perform so badly - this call was the worst NXP result in some years and the market reacted. I think he may be thinking about Automotive. The numbers in Auto were also not good but it now makes up half the company so its all he has - maybe they are safe for a while. As for the rest, I wouldn't be making any large purchases.

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Post ID: @UlCgo5C-1pek

Fasten for what? RC said he won't fire anyone ;)

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Post ID: @UlCgo5C-von

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