NXP cutting 31 jobs in Eindhoven

NXP cutting 31 jobs in Eindhoven

NXP will be cutting 31 full-time jobs in Eindhoven. That is what a spokesperson for the chipmaker says.

According to the company, the reorganization was planned earlier. But due to a hectic period around the proposed acquisition by the American Qualcomm, it took longer for the measure to be finally taken. The acquisition stranded earlier this year.

In total, 50 jobs will disappear in Nijmegen and Eindhoven. Almost all jobs in Eindhoven are being scrapped at the department where chips are made for bank cards and credit cards. ‘The market is saturated, partly due to the growth in China’, says spokesman Martijn van der Linden.

There is a social plan for the dismissed employees. In doing so, they are guided to a job at the Eindhoven chipmaker or at another company. The company thinks that more than 80 percent will find a new job, partly because of the improving economy.

A total of 700 people work at NXP in Eindhoven.

Sourdce: Studio040

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