Thread regarding NXP layoffs

No layoffs

NXP just borrowed 1B. The "party" will continue, music is still on.

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Post ID: @Vg2zNnD
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7 replies (most recent on top)

Q3 just ended. If financials are OK probably there will be no layoffs until January. Else, we'll see some cuts very soon.

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Post ID: @Vg2zNnD-aejo

3 more weeks until the bonus is payed. In our group we've no rumors nor signs about layoffs. Does it make any sense to pay the bonus and then to layoff those peoples?

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Post ID: @Vg2zNnD-9tow

Don’t be silly, they will not layoff any one in Chinese because most of business revenue comes from China and there’s a rumor says why Q didn’t accquire FSL who had auto market in China directly in the contrary let N bought it first? Because they promised every one every department can be laid off but Chinese especially in Taiwan

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Post ID: @Vg2zNnD-6xgi

The SP today is $91. The 52 year low is $84. Is this what $5 Billion dollars in share buybacks gets you? Who is coming up with these financial plans? QCom is up nearly 50% since the termination of the deal. What gives?

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Post ID: @Vg2zNnD-4fmf

I'm not delusional, I'm just being sarcastic. No longer trusting the current management.

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Post ID: @Vg2zNnD-1acp

If you think they borrowed the money so they don't need to do layoffs, you're delusional. Money will be used to buy back more stock, so they can hand out more RSUs to senior management.

Come back in late October -- you'll be reading all about the huge layoff that just happened.

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Post ID: @Vg2zNnD-utb

Who knows - maybe they borrowed the 1B for a spin-off beginning of next year :-)

BTW all the recent posts about are mostly from RF or DN, which is really funny. Rarely reported that Auto and other corners of comp have complacency now, which means everywhere @N is complacent. A lot of posts from people here with frustration that no new product is being developed or almost everything is legacy upgrades.

All these things tell me that this is most dangerous time. A huge layoff, a couple spin-offs are coming. Update your cvs!!

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Post ID: @Vg2zNnD-xkh

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