Philips to cut down 4,000 jobs as company faces multiple challenges: CEO

Philips to cut down 4,000 jobs as company faces multiple challenges: CEO

BGR India

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Tech firm Philips on Monday announced to slash 4,000 jobs as the company faces “multiple challenges” which was reflected in its Q3 earnings. New Philips CEO Roy Jakobs said the move to improve productivity and agility “includes the difficult, but necessary decision to immediately reduce our workforce by around 4,000 roles globally, which we do […]

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