ST and Q parterning up. While NXP is becoming a « Management Company » instead of « Engineering Company » Be prepared to see an acquisition of NXP soon by Q or someone else in 1-2 years

People keep mentioning that layoffs are not only happening in Europe, but I haven't heard anything about cuts here so far. Can somebody share what's being hit?

Is this going to be an interesting year as it relates to NXP Semiconductors layoffs? Any chatter, news or rumors?

I've only been here for a few months, and a fantastic opportunity at another firm just landed in my lap. With this job market, I know how lucky I am, especially since this is a role I've wanted for years. While my current job is fine, it doesn't... — read more 

It seems that there was a meeting yesterday between European Human Resources and the unions. I imagine that the layoffs were discussed. Do you know if they have been announced in certain countries? I haven't received any feedback in Austria. Has... — read more 

Says it all. Jan 2027. Who knew? Lol

people in my office were laid off yesterday. Anyone else?

Rumours of another round of layoffs. 20% to 30% of total workforce reductions

Will we get RSUs this OCT/NOV. Hearing rumors that no more RSUs .

Yup, and the email sort of blamed the employees. In any case, just a guess but layoffs are gonna have to happen. Again, no first hand knowledge. Guess they should not have bought two companies.

NXP is going through several hidden layoff. Anything expected in June or July end. Start of next quarter ?

What are everybody's thoughts on the CEO leaving? I think it was time for him to go, but I do not believe Rafael Sotomayor will bring any major change, aside from more layoffs, most likely. He will want to make a strong first impression, and the... — read more 

https://www.semimedia.cc/18480.html

Hello all, Does anyone knows what happened to Aviva links employees after NXP acquired the company? Were there some layoffs or integration of Aviva(product and employees) was done painlessly? I'm just trying to find some NXP trends to see what to... — read more 

Most folks are impacted in CA… n level continuing at all levels … is it end of auto industry?

My company got aquired by NXP few weeks ago. We were told that aquisition is done because NXP wants to develop their own software solution, since we worked on NXP hardware, so we should not be afraid of layoffs, because NXP wants engineers with... — read more 

My dad worked there for my entire existence. Like, before I was conceived. I'm currently 23. Today, the layoff blindsided him. Just wanted to ask if anyone else was in this round of layoffs?

Link: https://www.usnews.com/news/top-news/articles/2024-11-11/ceos-of-european-chip-makers-concerned-about-nationalist-industrial-policies

If you want to work for a company that their CEO mock other companies for laying off people and ends up doing the same, that only overwork engineers, that think they are Google but their benefits are not even close, that dont even look at the... — read more 

In the investor day 2024 presentation Andy takes a question and remarks at time 3:09:52, that NXP 200mm manufacturing will be transferred to the VSMC 300mm venture in Malaysia within 10 years. No factories or lines will be maintained for redundancy... — read more 

Is there going to be any reorg or NXP Semiconductors layoffs? Any chatter, news or rumors?

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 

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 

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?

Understood some senior engineers are being shipped to China. They have some fake returned ticket and will be stuck there. No access to any Doblo will be possible!

Hi Does anyone knows if Europe will also be affected by layoff? Netherlands and Austria had layoffs but any news about France and Germany?

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 

AZ teams highly impacted, SD an SC continue to see more layoffs. India will be impacted later next week..

Does anybody know what's happening with layoffs? Is it over, at least for now?

Layoffs and restructuring occuring. Significant cuts of up to 20% and some departments and facilities closing down completely.

If the market makes a turn soon, do you think there will be NXP Semiconductors layoffs? Any chatter, news or rumors?

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 

After this week's layoffs, can we relax for now? Have there been any rumors of cuts continuing next week?

Is it possible that there will be no continuation of last week's cuts?

Planned for April end.. getting ready!! Majority in US teams .. cost reduction underway.?

I heard a rumor that layoffs will be in Q4.

Seems like a lot of low performers getting impacted this quarter? Budget cut & hiring freeze..

If the economy turns around, do you anticipate any NXP Semiconductors layoffs? Any chatter, news or rumors?

I see that some people tend to worry, but I'm not one of them when there's no reason to be. And let me tell you, it's good not to be worried about layoffs when everybody else is. For as long as results stay as good as they have been, I think we can... — read more