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Freescale Semiconductor, Ltd. Message Board

  • gecmc94 gecmc94 Oct 29, 2012 5:49 PM Flag

    FSL to fire 5% of its 18000 employees

    The design site in Israel is significantly impacted: between 100-200 people will be fired out of 500 currently.
    900 people in total will loose their jobs. Most likely the Cellular division will be completely closed and some people from Austin will be terminated.

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    • Would that they do what HP once did and fire the bottom 10% of their employees every few years. It keeps the lint out of the closet and keeps a company productive. Yet another reason to invest in Freescale, it's in a "Right to Work" state much to the HORROR of the Unions and thus you can be fired at any time for cause (no unemployment) or for the convenience of the company (which they would prefer not to do because in many markets the unemployment costs mean they'd have been better off offering the employee a pay cut first).

 
FSL
20.08-0.39(-1.91%)2:11 PMEDT

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