Philips to cut a further 6,000 jobs2 min read . Updated: 30 Jan 2023, 08:33 PM IST
- Health-technology company swings to a fourth-quarter loss as costs rise
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.
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