Philips to cut 6,000 more jobs

Electronics giant Philips today announced 6,000 job losses in its operations around the world.

Philips to cut 6,000 more jobs

Electronics giant Philips today announced 6,000 job losses in its operations around the world.

The Dutch-based company reported fourth-quarter loss of almost £1.5bn (€1.6bn) blaming weak global economic conditions.

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