NXP Semiconductors layoffs, on the record
Every job cut, severance charge and restructuring NXP Semiconductors reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 34,200 | At December 31, 2023 |
| 10-K for 2024 | approximately 33,100 | At December 31, 2024 |
| 10-K for 2025 | approximately 32,169 employees | As of December 31, 2025 |
Job cuts, severance and restructuring
Our summaryNXP recorded restructuring charges for new global restructuring programs, including personnel lay-off costs, in 2023.
Word for word“The restructuring charges for 2023 consist of $ 106 million for personnel related costs for specific targeted actions under new global restructuring programs, offset by an $ 8 million release for an earlier program.” 10-K for 2023
Our summaryRestructuring charges for 2024 were recorded, mainly for personnel related costs under specific targeted actions to adjust spending to current business trends, offset by a release for earlier programs.
Word for word“The restructuring charges for 2024 primarily consist of $ 146 million for personnel related costs for specific targeted actions to adjust our spending to current business trends, offset by a $ 22 million release for earlier programs.” 10-K for 2024
Our summaryThe company reported that during 2022 there was no new significant restructuring program.
Word for word“During 2022, there was no new significant restructuring program.” 10-K for 2024
Our summaryIn the fourth quarter of 2024, the gross profit percentage decreased partly due to higher restructuring costs for specific targeted actions under new global restructuring programs.
Word for word“The gross profit percentage for the fourth quarter of 2024 decreased to 53.9% from 57.4% in the third quarter of 2024, primarily due to an impairment of capital assets and higher restructuring costs for specific targeted actions under the new global restructuring programs in the fourth quarter of 2024.” 10-K for 2024
Our summarySG&A costs rose partly due to higher restructuring costs for specific targeted actions under global restructuring programs.
Word for word“SG&A costs for the year ended December 31, 2024 remained relatively flat, an increase of $5 million, or 0.4%, when compared to last year primarily driven by higher personnel salaries and wages, including social securities of $32 million, higher share-based compensation costs of $23 million and higher restructuring costs for specific targeted actions under global restructuring programs of $11 million, offset by lower bonus of $43 million and lower legal expenses of $26 million.” 10-K for 2024
Our summaryRestructuring liability activity for 2024 was reported, with a year-end balance of $157 million.
Word for word“The total restructuring liability as of December 31, 2024 of $ 157 million is classified in the Consolidated Balance Sheets under current liabilities ($ 147 million) and non-current liabilities ($ 10 million).” 10-K for 2024
Our summaryThe company started restructuring programs in 2025 to streamline manufacturing capacity and cut costs, including workforce reductions and facility consolidations, and recorded $265 million in additions.
Word for word“The restructuring additions for 2025 were $ 265 million, primarily related to the following new programs: – Involuntary restructuring programs: $ 167 million – Hybrid manufacturing strategy: $ 63 million – Other: $ 35 million The following table presents the changes in the position of restructuring liabilities in 2024: Balance January 1, 2024 Additions Utilized Released Other changes (1) Balance December 31, 2024 Restructuring liabilities 101 147 ( 68 ) ( 22 ) ( 1 ) 157 (1) Other changes primarily related to translation differences.” 10-K for 2025
Our summaryThe company recorded personnel-related restructuring charges in 2024 for targeted actions under new global restructuring programs, partly offset by a release from an earlier program.
Word for word“The restructuring charges for 2024 consist of $ 146 million for personnel related costs for specific targeted actions under new global restructuring programs, offset by a $ 22 million release for an earlier program.” 10-K for 2025
Our summaryThe company recorded personnel-related restructuring charges in 2023 for targeted actions under new global restructuring programs, partly offset by a release from an earlier program.
Word for word“During 2023, the restructuring charges consist of $ 106 million for personnel related costs for specific targeted actions under new global restructuring programs, offset by an $ 8 million release for an earlier program.” 10-K for 2025
Our summaryFourth-quarter 2025 operating income fell because of higher restructuring costs under a new global restructuring program.
Word for word“The sequential decrease was mainly due to higher restructuring costs for specific targeted actions under a new global restructuring program in the fourth quarter of 2025.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | $52 million | $133 million |
| 2017-12-31 | $7 million | $65 million |
| 2018-12-31 | $5 million | $25 million |
| 2019-12-31 | $29 million | $57 million |
| 2020-12-31 | $77 million | $36 million |
| 2021-12-31 | $1 million | $37 million |
| 2022-12-31 | $1 million | $11 million |
| 2023-12-31 | $106 million | $16 million |
| 2024-12-31 | $147 million | $68 million |
| 2025-12-31 | $265 million | $153 million |
NXP Semiconductors has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from NXP Semiconductors’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.