Amazon and German software maker SAP announced thousands of layoffs to cut costs as they brace for tougher economic conditions. Philips shares traded up 5.5% at 0855 GMT, helped by fourth-quarter ...

Philips, Dutch health technology company, said on Monday it would cut 6,000 jobs to restore its profitability following a recall of respiratory devices that knocked off 70% of its market value.

Final 3Q22 results paint a grim picture for Philips. The Amsterdam, Netherlands-based company said it is cutting about 5% of its workforce, or about 4,000 jobs, amid declining sales, supply chain ...

Royal Philips NV on Monday said it will cut an extra 6,000 jobs by 2025, including around 3,000 this year, as part of a plan to improve performance and drive value creation. Philips said that it ...

Philips is still in the midst of a recall of 5.5 million sleep apnea and ventilator devices that started in June 2021.

Koninklijke Philips N.V. (NYSE: PHG)’s stock price has decreased by -5.93 compared to its previous closing price of 17.02. However, the company has seen a -2.67% decrease in its stock price over the ...

Not this time. Every cutting-edge technology we can think of is included in the Philips 27B1U7903, and the result is as awe-inspiring as it is expensive. Let's start with mini LEDs. Rather than ...

Philips announced the first procedure using its new real-time ... The Pure EP System is designed to cut through the background noise of the lab and its equipment during cardiac recordings, enabling ...

These Experts Are Racing to Protect AI From Hackers. Time is Running Out Motorola's handy Bluetooth device adds satellite messaging Linux 6.2: The first mainstream Linux kernel for Apple M1 chips ...

Lisbon, Portugal and Amsterdam, the Netherlands – royal philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and leading Portuguese translational biomedical research and ...