Sky News |
Philips Halts Buyback, Slashes 6000 Jobs After Loss
Bloomberg – 26 (Bloomberg) — Royal Philips Electronics NV, Europe’s largest maker of televisions, will cut 6000 jobs and stop buying back shares after reporting its … Philips posts 1st quarterly loss in nearly 6 years Philips posts 4th-quarter loss of euro1.47 billion |
More: continued here