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Philips Halts Buyback, Slashes 6000 Jobs After Reporting Loss – Bloomberg


Sky News

Philips Halts Buyback, Slashes 6000 Jobs After Reporting Loss
Bloomberg –21 minutes ago
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 yearsInternational Herald Tribune
Philips Electronics posts net loss of EUR 1.5 billion in Q4Telecompaper
Philips posts 4th-quarter loss of euro1.47 billionBay News 9
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