People are let go, multiple sites around the world, multiple business units, today and tomorrow
17 replies (most recent on top)
it could be that the 5 or 10% numbers across all BU's is correct even is Europe is unaffected right now. All that means is the layoffs outside Europe has been heavy - and they may be including attrition in that - lots of people leaving by themselves. If the Q deal will happen then layoff's in Europe will be huge and sites will be closed - partly because it has remained unaffected so is heavily fat (FSL was a leaner operation to begin with and the revenues were not that far apart), and also because the Q is not going to run engineering operations in Europe - no fabs - no R&D - pretend they will if you like but we don't think they will end up running any fabs anywhere. US Fabs were one of NXP's first targets - and they were pretty well operating at capacity. ie over 90% under FSL
The only upside in Europe is that when it comes it will be announced well ahead of time giving you lots of time to relocate/find other jobs. So its alot easier to strip the US - but warning - there is not much left now. Just FYI for European readers - did you realize that Clemmer gave a town hall in Austin where he actually said (and then said he shouldn't have said it) that the reason there was no natural turnover in Europe ie Austria/Netherlands) is because there aren't many jobs for the engineers to go to and those that do exist pay less so the employees are more or less locked in. Unlike the US where , besides large layoffs there has also been a pretty big exodus of engineers moving on to greener pastures all by themselves as they can see what will/has happened. By all means ride it out until the layoffs come, and get every penny out of NXP but don't be surprised by the eventual outcome.
your post is completely BS.. Checked with colleagues in Eureope... No hits in Hamburg, mimimi...
mimimi... Woof woof woof
Merger is happening... Consolidation for the sake of better margins. Shareholders win big. Consumers and employees not so much.
merger is happening... consolidation for the sake of better margins. Shareholders win big. Consumers and employees not so much.
previous post is completely BS.. Checked with colleages in Eureop... No hit in Hamburg. Most of the sites mentioned here are former FSL sites. No slaughter at the old NXP sites !!!
It's a shame that a lot of troll posts here !!!
Hamburg was hit between 5-10%, friend of mine in management was gone. Gets almost no severance.
Maybe execs know something about merger not happening?
Noida, India - almost all BUs.
I heard RF (Chandler, Toulouse), DN (Austin) and AMP (Austin) are affected.
U guys so far only 1 out of 4 BUs. What about the others?
Toulouse, France is also impacted: 10% headcount reduction in RF BU
Hyderabad
Chandler AZ, also have seen layoffs in the RF BU - down 19% in last quarter and getting worse. Cutting into the bone now after several other layoffs and attrition. I can't see any upside for that BU. Clemmer doesn't like it and the GM has done a bad job ie.. has done nothing and is going down with the ship. So all sorts of questions floating around like, who is next? (because its not getting better) and what will QCom make of it when they see some of the no hope projects? Or will they sell it to the lowest bidder? A few of us think that maybe Sumitomo or Wolfspeed have now taken #1 spot in the market but its hard to know as we no longer see numbers in the town halls. Basically lots of managers need to go as there are no engineers left in many areas.
5% head count reduction across all BUs
Austin, TX is one of the sites
Troll? 50 people from...?
Which sites? Please name sites where you know it is happening.
Layoffs have started 50 people laid off here