The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.11 - Manufacture of electronic components
130 jobs Number of planned job creations
Announcement Date
1 September 2014
Employment effect (start)
1 September 2014
Foreseen end date
31 December 2015
Description
On 1 September 2014, German chip producer NXP announced its plan to create 130 jobs by the end of 2015. The company is to build a new office in Hamburg which will be designed for 550 additional employees in the long term.
NXP is the biggest supplier of security chips worldwide. According to the company, almost half of payment cards in the world contain a NXP chip. Currently, NXP employs around 1,700 people.
Sources
1 September 2014: FAZ
Citation
Eurofound (2014), NXP, Business expansion in Germany, factsheet number 77524, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77524.
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