Philips Job Cuts
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Philips Cuts 6,000 Jobs After Sleep Device Recall Losses Deepen: Report
Embattled Dutch medical tech maker Philips said on Monday it will slash 6,000 more jobs worldwide after fresh losses caused by a massive recall of faulty sleep respirators.
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"Difficult, But Necessary Decision": Philips CEO Announces 4,000 Job Cuts
Global technology firm Philips today announced it will cut 4,000 jobs to "improve productivity and increase agility" as the company released its third quarter results.
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Philips to cut 4500 jobs as profit sinks to 2-year low
Consumer electronics giant Royal Philips Electronics on Monday said it is planning to cut 4,500 jobs globally as part of a cost saving programme and did not rule out the possibility of this exercise affecting employees in India. The job cuts are part of a plan to save 800 million euros ($1.1 billion), the Netherlands-based Philips said in a...
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Philips Cuts 6,000 Jobs After Sleep Device Recall Losses Deepen: Report
Embattled Dutch medical tech maker Philips said on Monday it will slash 6,000 more jobs worldwide after fresh losses caused by a massive recall of faulty sleep respirators.
-
"Difficult, But Necessary Decision": Philips CEO Announces 4,000 Job Cuts
Global technology firm Philips today announced it will cut 4,000 jobs to "improve productivity and increase agility" as the company released its third quarter results.
-
Philips to cut 4500 jobs as profit sinks to 2-year low
Consumer electronics giant Royal Philips Electronics on Monday said it is planning to cut 4,500 jobs globally as part of a cost saving programme and did not rule out the possibility of this exercise affecting employees in India. The job cuts are part of a plan to save 800 million euros ($1.1 billion), the Netherlands-based Philips said in a...
