This new reduction in personnel is added to the 4,000 job cuts announced in October on a total workforce of around 80,000
Philips, a Dutch multinational that has focused increasingly on the new health technologies sector in recent years, has announced that it will reduce its workforce by a further 6,000 jobs globally by 2025, of which 3,000 already starting this year. year. The company announced the layoffs after it suffered large financial losses following a recall of sleep apnea devices it deemed “defective.”
Fourth quarter in red
This new staff reduction is “difficult but necessary,” said group CEO Roy Jakobs. It adds to the 4,000 job cuts announced in October on a total workforce of around 80,000. In the fourth quarter, the Dutch giant recorded a loss of 105 million euros, against a profit of 151 million in the same period of 2021 and well above the 16 million loss of the Philips guidance itself. However, sales grew by 10% annually to 5.43 billion. Philips closed 0.57% higher on Friday in Amsterdam.
Source-tg24.sky.it