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Healthcare tech giant Philips scraps 4,000 staff worldwide

Por: ABC News World October 24, 2022

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THE HAGUE, Netherlands -- Dutch care technology giant Philips is scrapping 4,000 staff worldwide amid the fallout from a recall of sleep apnea machines and economic headwinds, the company announced Monday as it unveiled a 1.3 billion euro ($1.28 billion) third-quarter net loss.The job cuts amount to about 5% of the company's global workforce and are expected to save it 300 million euros annually, Philips said.New CEO Roy Jakobs, who took... + full article



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