Philips will cut another 6,000 jobs

Philips will cut another 6,000 jobs
Image: UNITED PHOTOS (X02506)

In addition to the around 4,000 jobs announced in October, another 6,000 are to be cut, as the group announced on Monday in Amsterdam when presenting the figures for the past year.

At the end of September last year, Philips employed just over 79,000 people. With the austerity course, the recently low operating return should be driven back into the double-digit range. In addition to cost savings, Philips also wants to achieve this through stronger growth again.

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