Philips in 2005 acquired the tiny but very innovative Stentor Inc in the Bay Area to grab number 1 market share in PACS and top customer satisfaction. Now all R&D jobs are moved overseas, and product quality went down the drain, along with... read more
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Topics regarding layoffs at Philips Electronics
Whenever things are not the best, we react with layoffs, let's see if this affects employees in Amsterdam.
Layoffs announced for Alpharetta due to opening of new Nashville center. Office closing?
Lumileds does have layoffs. They were owned by Philips but now we were sold to a private equity group and there are layoffs
How come that we cannot find any info about layoffs in Amsterdam.
Is this still a trend and will things ever return from India. It's a very dangerous game, jobs move overseas never to be returned.
If things do not improve very quickly here at Philips we might have another round of layoffs and I can tell you this is not going to be fun for everyone. The whole industry, not only Philips is going through very hard time and people are losing jobs... read more