Trident Microsystems have now issued a statement in response to the question put to them earlier today about whether they plan to make redundancies at the
Trident is in the process of buying the product lines developed at the site from NXP, and the deal is expected to be finalised on Monday February 8th.
The Trident statement reads:
"Trident is acquiring the set-top box and TV product lines of NXP. We expect the transaction to close next Monday. As part of this process we plan to increase our workforce from approximately 650 employees to approximately 1750 upon closing. We are in the process of finalizing our global integration plans, and therefore cannot address specific plans per site. However, our goal is to create a growing, profitable industry leader in the digital home entertainment market. Unfortunately this will require some restructuring. If and when this restructuring occurs, we will endeavor to
treat any affected employees fairly and respectfully."
The Trident statement continues:
"As usual in this kind of transaction, we are having an ongoing dialogue with all stakeholders including the employees involved, works councils and unions. The discussions with these parties have been very constructive, as usual. Items to discuss with works councils and trade unions will focus on future employment, labor conditions for the people who will transfer to Trident, the future outlook for both Trident and NXP and the expected consequences for employees."
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