Dutch health technology company Philips on Monday said it would scrap 6,000 jobs to restore its profitability following a recall of respiratory devices that knocked 70% off of its market value.
Philips Healthcare headquarters is seen in Best, Netherlands August 30, 2018. Picture taken August 30, 2018.
Piroschka van de Wouw/File Photoon Monday said it would scrap 6,000 jobs to restore its profitability following a recall of respiratory devices that knocked 70% off of its market value.
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