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 Sky News |
Philips Halts Buyback, Slashes 6000 Jobs After Reporting Loss
Bloomberg – 26 (Bloomberg) — Royal Philips Electronics NV, Europe’s largest maker of consumer electronics, said it will eliminate 6000 jobs and halt its share buyback … Philips posts 1st quarterly loss in nearly 6 years Philips Electronics posts net loss of EUR 1.5 billion in Q4 Philips posts 4th-quarter loss of euro1.47 billion |
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