Dutch health technology company Philips made a tough announcement on Monday, revealing plans to let go of 6,000 employees just months after laying off 4,000 workers globally. The company stated that the job cuts are part of a restructuring plan aimed at restoring its profitability and competitiveness in the market, following a recall of respiratory … Continue reading Philips Cuts 6,000 Jobs: Another Round of Layoffs Amidst a Global Crisis