NXP

Type
Internal restructuring
Country
Netherlands
Region
Oost-Nederland; Gelderland; Arnhem/Nijmegen
Location of affected unit(s)
Nijmegen
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26.1 - Manufacture of electronic components and boards
26.11 - Manufacture of electronic components
85 jobs
Number of planned job losses
Job loss
Announcement Date
2 April 2014
Employment effect (start)
Foreseen end date

Description

Dutch computer chip producer, NXP, has announced it will cut 85 jobs in its Nijmegen plant. The source reports that NXP aims to make production more efficient by reducing its support staff, managers and technicians.

The company will cut the jobs primarily through layoffs. According to the source, trade union FNV is opposed to the jobs cuts as it claims NXP is a profitable business and it does not believe the cuts are necessary.

The timeline for the restructuring is still unclear. The ERM has previously reported on restructuring events at NXP, see 2013, 2011, 2009 and 2007.

Sources

  • 2 April 2014: Het Financieele Dagblad

Citation

Eurofound (2014), NXP, Internal restructuring in Netherlands, factsheet number 76941, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76941.