Biggest News Aggregation in the World
📰 Philips News

Page 174 - Philips News Today

Fast, Ad-Free News Updates

Stay updated with breaking news from Philips. Real-time updates on events, politics, business and more.

Philips spin-off Signify to cut 1,000 jobs with market challenges ahead

Signify is cutting 1,000 jobs, including about 500 in the Netherlands, CEO Eric Rondolat announced with the company’s annual and quarterly figures. The lighting company previously divested from Philips is struggling with challenging market conditions and needs to make cuts, Rondolat said on the company's Friday morning investor call. Profit at the company fell substantially last year, and investors on the call were frustrated that Rondolat and his team did not provide solid sales and reve...
Eric Rondolat Philips Hue Color Kinetics
Source: nltimes.nl

Stay Updated with Latest News

Get breaking news updates delivered to your inbox

Browse All News →

Explore More Categories

World News India News Business Technology Sports Entertainment Health Science