Philips Lays Off 6,000 WorkersBy Brian - 01/25/2009 10:30:30 PM | |
Similar to Toyota, Philips Electronics will be announcing its first quarterly loss after almost six years. And whenever there is a loss, you know it has something to do with the economy. To be able to offset it, job cuts are bound to follow and that is exactly what Philips has declared. He announced that [...]
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