Philips ups cost cuts to 1.1 billion euros, axes more jobs
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Philips ups cost cuts to 1.1 billion euros, axes more jobs

London : United Kingdom | Sep 11, 2012 at 12:10 AM PDT
Source: Reuters
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Owsianiak (L) and Mark Bishop put up a sign at the Philips Electonics booth before the Consumer Electronics Show (CES) at the Las Vegas Convention Center January 3, 2008. Philips Electronics raised its cost-cutting target to 1.1 billion euros ($1.4 billion) and said it would axe a further 2,200 jobs... FULL ARTICLE AT Reuters
 
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