Industry Expert Blogs
NXP Job-Cuts: Due To 'Change In World Trade Patterns' Or Misjudgment?-September 2, 2010 |
Good to hear the EC is going to help 512 sacked NXP workers with a €1.8 million contribution to a €2.8 billion package to help them get re-employed. But it's interesting to hear the reasons for the award as argued by the Dutch government in its application for the EC contribution.
The dismissals were a consequence of the change in world trade patterns, argued the Dutch, as evidenced by the following three events: