Philips scraps 6,000 jobs in drive to improve profitability

Dutch health technology company Philips said on Monday it would scrap 6,000 jobs to restore its profitability following a recall of respiratory devices that knocked off 70% of its market value. Half of the job cuts will be made this year, the company said, adding that the other half will be…#dutch #philips #ebita #royjakobs #amsterdam #comparable
Source: Reuters: Health - Category: Consumer Health News Source Type: news