Philips remains committed to its Sleep & Respiratory Care business, despite a tough year and a half, says CEO Roy Jakobs.

The demise of the SUV is inevitable, insists Citroen chief executive officer Vincent Cobée. “The world of SUVs is done,” he claims, although he admits that right now the “numbers are not ...

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 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, ...

The message below was shared with Amazon employees today. As I shared back in November, as part of our annual planning process for 2023, leaders across the company have been working with their teams ...

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

The US government has added new protections to the aviation notice system that led to thousands of disruptions earlier this ...

MedTrace Pharma seeks to make PET with oxygen-15 labeled water widely available in clinical settings for heart diagnostics.

Stocks sank Jan. 30 as Wall Street prepped for a week full of potentially market-moving events, from decisions on interest ...

Q4 2022 Earnings Conference Call January 30, 2023 4:00 AM ETCompany ParticipantsLeandro Mazzoni - Head, Investor RelationsAbhijit Bhattacharya ...

The new reorganisation brings the total amount of job cuts announced by new Chief Executive Roy Jakobs in recent months to 10 ...

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