Embattled Dutch medical tech maker Philips said on Monday it will slash 6,000 more jobs worldwide after fresh losses caused ...

The company cut its workforce by 4,000 in October as a result of the recall. “2022 has been a very difficult year for Philips ...

Philips announced Monday that it is reducing its global workforce for the second time in recent months as it works to boost ...

Philips (PHG) is trading higher premarket after Q4 comparable sales grew Y/Y, however the company noted that its supply chain ...

Just a few months after it announced plans to cut 4,000 jobs globally, Philips is more than doubling that number — another ...

Dutch consumer electronics and medical equipment maker Philips says it is cutting 6,000 jobs worldwide over the next two years.

Philips' significant CPAPs recall has placed a spotlight on serious communication gaps involving home-use medical devices.

Dutch medical device maker Royal Philips announced Monday it will lay off 6,000 employees worldwide, half of those by the end ...

Patient safety group ECRI is challenging manufacturers to provide easy-to-follow device registration instructions and write ...

Dutch consumer electronics- and medical equipment-maker Philips said Monday that the company is cutting 6,000 jobs worldwide over the next two years as it revealed a 2022 net loss of $1.7 billion, ...

New CEO Roy Jakobs said Philips has been spreading its resources too thinly and “can't and won't be selling everything ...

Embattled Dutch medical tech maker Philips said Monday that it would slash 6,000 more jobs worldwide in a bid to restore profitability after a massive recall of faulty sleep respirators.