Philips scraps 6,000 jobs in drive to improve profitability, Health News, ET HealthWorld
Amsterdam: 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 per cent of its market value. Half of the job cuts will be made this year, the company said, adding that the other half will be realised … Read more