Philips cuts more jobs, TV division sale delayed

euronews (in English)
3.1K
19 views
  • About
  • Export
  • Add to
As it announced falling third-quarter profit and 4,500 more job cuts, Philips Electronics appears to have all but abandoned hope of selling its loss making TV business by the end of the year. The Dutch company's chief executive said the focus now is on cutting overheads as part of its 800 million euro cost saving plan. ... http://www.euronews.net/

0 comments