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 ...

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. The Dutch health ...

THE HAGUE, Netherlands (AP) — Dutch consumer electronics and medical equipment maker Philips said Monday it is cutting 6,000 jobs worldwide over the next two years as it revealed a net loss of 1 ...

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 ...

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

Smart bulbs now offer features to help you get a better night's sleep. Consumer Reports explains how the tech works, whether ...

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 ...

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 ...

1.81 billion lives improved by Philips' health technology products, services and solutions Philips became the first health technology company to obtain approval by the Science Based Targets ...

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 ...