Wednesday, August 27, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
LaCie Ships the 48 TB Thunderbolt 2 Storage Solution
ALCATEL ONETOUCH Launches New Affordable Smartphones
ZOTAC Debuts the ZBOX PI320 pico
Dropbox Now Offers 1TB Pro plan for 10 Dollars
HTC Reveals Entry-level Desire 510 Powered By a 64-bit Processor
Archos To Showcase Windows And Android Devices At IFA
Larger iPad Coming Next Year
Samsung Starts Mass Production Of First 3D TSV DDR4 Modules
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > Optical Storage > Philips...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, January 09, 2003
Philips to cut 'several thousand' more jobs, says report


Royal Philips Electronics here today announced it will continue its cost-cutting measures in 2003--a move that could affect “several thousand” more jobs from the Dutch company, according to a report from Reuters. The report cited the FT.com Web site, which claimed Philips would cut more jobs as a result of restructuring and the transfer of assembly work away from western Europe.

There is a huge amount of work for the organization and it is going to create major change. Globally this is going to affect several thousand people. They may lose their job, move to another location or move to another job," Gerard Kleisterlee, Philips' president and CEO, told the FT.com Web site.

The Dutch company has cut 35,000 jobs since Kleisterlee took the helm in April 2001, leaving the group with 184,000 employees.


Previous
Next
OPENTECH UTILIZES BUILT-IN SEAGATE HARD DRIVE IN ITS PERSONAL VIDEO RECORDERS        All News        OPENTECH UTILIZES BUILT-IN SEAGATE HARD DRIVE IN ITS PERSONAL VIDEO RECORDERS
2003 U.S. sales of consumer electronics to hit new record, kissing $100 Billion, says CEA     Optical Storage News      2003 U.S. sales of consumer electronics to hit new record, kissing $100 Billion, says CEA

Get RSS feed Easy Print E-Mail this Message

Related News
Philips to Create New Lumileds and Automotive Lighting Businesses Company
Philips and Salesforce.com To Deliver Cloud-based Healthcare Information Technology
EU To Fine Philips, Infineon And Samsung
Philips to Sell WOOX Innovations to Gibson
Philips Announces Its 2014 TV Lineup
MWC: Philips and Ericsson Unite On Smart Street Lighting
Philips Lighting System Guides You Through The Supermarket
Philips to transfer Remaining Stake in TV Joint Venture to TPV
Philips At CES 2014
Philips Celebrates 100 Years of Research
EU Raids Samung, Philips In Antitrust Probe
Funai Sues Philips For Breach of Contract

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .