Thread regarding NXP layoffs

When will layoffs start?

We all know they are coming. It'd be nice to know when.

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Post ID: @UyKzRX8

7 replies (most recent on top)

N's employees in Taiwan do nothingthere's no market there but they but gain super high annual salary...that'll be a big issue because there's no market there but they keep a super big FAE team but do nothing everyday.

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Post ID: @UyKzRX8-5khr

@2nkm. Before you start asking for people being banned, it might be worth doing a bit of background. NXP BV is a private Dutch entity not listed on any exchange.

Run off to

https://www.secform4.com/

type in NXPI and what do you see? Nothing? What public US company doesn't issue options or exercise options?

now go back and type in QCOM, what do you see? Different much?

How do you think the officers are awarded and exercise compensation at NXP? (PS. I don't have the exact answer for that and neither do you)

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Post ID: @UyKzRX8-2tnn

@1gvq, you should be banned from this site for lying. There are no Form 4 fillings with SEC in the last 2 years from NXP officers. The most recent one is from Eliott who sells its holdings for a loss.

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Post ID: @UyKzRX8-2nkm

Its a lot worse than the 40 million dumping that has been going on. The Hedge funds lost billions in this, which is why I can't see these guys running it surviving, and maybe some of the board members as well. There were billions sold off earlier this year. Clemmer knew something was going bad end of last year when he sold about 80% of his hundreds of millions in stock. Investor day should be firing day. Just look at the SEC filings.

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Post ID: @UyKzRX8-1gvq

Actually all the business lines in N are not competitive, ex: BLE (Q company acquired CSR many years ago, it's totally overlap., why Q would rather than bought CSR ? ),

MCU ( the biggest market share of MCU vendor is STM so it shows which one is best ), MPU ( it's higher price for each chip compared with MCU but not powerful compared with CPU), DN ( CPU can replace it), NFC ( common...google it you'll know there're more and more robust solution in the market)

Power MOSFET & other interface chips ( TI is the leader in power world) AUTO (Renesas is in AUTO world for over 40 years) , luckily Q failed to buy N.

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Post ID: @UyKzRX8-1ija

Nobody knows. My guess is it all depends on what happens with investors and the stock. Layoffs are occurring over at Qualcomm right now. I think that NXP would be doing it too if the deal went through so likely to start happening this year if they keep same thinking.

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Post ID: @UyKzRX8-hwz

One thing everyone should know by now is that NXP is not transparent. There is no regular company news other than what you can read in the press. Nobody gets emails explaining new technology or an expanding section in the company. People get fired in the building next door or the room next door and nobody knows for weeks or months. Sometimes you wonder what happened to someone only to find out either nobody knows or if you happen to ask the right person in the the right section you find out they killed that group they were in. I doubt they are going to announce anything, people seem to just constantly and slowly stream out of the place so it doesn't make the news or affect morale, except everyone now knows its been going on for a while. But when they start fab and site closures I think it will start hitting people in between the eyes. They really are on a drive to make NXP a smaller company with only a few areas of activity.

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Post ID: @UyKzRX8-nof

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