Philips cuts 6,000 more jobs after sleep device recall losses deepen
1 min read . Updated: 30 Jan 2023, 12:11 PM IST
Premium- Philips Chief Executive Roy Jakobs announced the ‘difficult, but necessary further reduction of our workforce’ by 2025
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.
Chief Executive Roy Jakobs announced the "difficult, but necessary further reduction of our workforce" by 2025, which comes just three months after it announced another 4,000 cuts.
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