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Freescale Semiconductors
October 21, 2009
Freescale cuts more jobs
Freescale Semiconductor said Wednesday that it has cut an undisclosed number of jobs this week both in Austin and other locations.
Spokesman Rob Hatley said the latest job cuts were part of the company’s previously announced plans to cut up to 20 percent of its global workforce, or up to 4,800 jobs, this year as it realigns its business and copes with weak demand because of the global economic slump. Some of the job cuts were because the company exited the business of designing and making cell phone chips.
The latest cuts “are global in nature,” Hatley said. “They are part of the overall efforts to align the company to improve our operating efficiency and put the operating business in line with demand.”
The reductions, he said, affected workers worldwide and in a wide range of jobs.
Most of the latest cuts will take effect this quarter.
Freescale said in January that it had cut 228 jobs in Austin. In April, the company said it had cut another 170 jobs in Austin and 900 worldwide as it was finishing its departure from the cell phone business.
The company is expected to speak to severance costs tied to the latest cuts when it announces its third quarter financial results on Thursday.
Freescale estimates that it has 5,000 workers in Austin and about 20,000 worldwide after the latest job reductions.
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