January 26, 2009

Philips to cut 6,000 jobs

Filed under: Electronics,US,worldwide — 7macaw @ 12:28 pm
Tags: ,

Royal Philips Electronics plans to cut 6,000 jobs. Those cuts could include layoffs at a Latham[,NY] operation.

“I know that cuts across all sectors and all geographies,” said Ian Race, a spokesman for Holland-based Philips.

Philips has 500 employees in Latham.

Source: The Business Review (Albany)


  1. Things are getting really bad when a company like Philips starts laying people off. The are known to be conservative which always got them through bad times relatively unharmed.

    Comment by myphotoscout — January 26, 2009 @ 1:22 pm | Reply

  2. Philips has been laying off people for years. Two global sets of layoffs last year. Layoffs due to restructuring in various product lines/business units for the past several years and they do like to outsource. Myphotoscout, you really don’t know what you are talking about.

    Comment by Philips for now — January 26, 2009 @ 10:12 pm | Reply

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