Chip manufacturer NXP scraps 90 jobs in Eindhoven

EINDHOVEN – Chip manufacturer NXP will scrap 150 jobs in The Netherlands; 90 in Eindhoven and 60 in Nijmegen. The jobs affected are mainly supporting functions. NXP stated that they will continue to invest in the research department.  “We expect the market to shrink between 3% – 9%, which is why we have to act now”, said the spokesperson when talking to the Telegraaf newspaper.

NXP informed its personnel of this proposed cut back on Monday. NXP will scrap between 700 and 900 jobs worldwide. The majority of the jobs will disappear in Europe. The company expects that forced redundancies will be inevitable. “We will avoid making cuts to the research and development departments”, said a spokesperson.NXP is the former chips division of Philips, which became independent in 2006. Thousands of jobs have been cut in the company both in The Netherlands and abroad over the past years. Source:

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