Philips to Cut a Further 6,000 Jobs

Philips to Cut a Further 6,000 Jobs

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Royal Philips NV said it would cut an extra 6,000 jobs by 2025, including 3,000 this year, as part of a reorganization aimed at improving its performance, adding to a wave of corporate layoffs in recent weeks. The Dutch health-technology company said Monday that a simplified operation model would…

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