Philips wants to eliminate 6000 jobs
Due to a high loss of 1.47 billion Philips pulls consequences now. 6000 points will reduce the electronics group. German sites are to be hardly affected by the austerity program, according to company information.
The Dutch electronics group Philips must take account of the weak global economy and amortization and reorganization costs a billion-dollar loss. The company reported today in Amsterdam a loss of 1.47 billion euros in the fourth quarter. In the same period last year with a profit of 1.4 billion euros was recorded. Sales fell by 9.7 percent to 7.62 billion euros.
The group responded to these losses with a worsening of his austerity program. In the current year to eliminate 6,000 jobs, the company said today in Amsterdam. "In Germany we have" done our homework, Germany spokesman Klaus Petri said in Hamburg.
He does not expect more acute measures after last fall, including one in Hamburg job cuts of about 150 persons in the development and manufacture of X-ray plant was announced. Also the distribution was reduced by about 100 jobs. Philips employs nearly 2,000 people in Hamburg. In Aachen, where lamps are manufactured for the automotive industry, was currently being run on short time.
Philips is the world's largest manufacturer of lighting, and a major provider of medical devices and consumer electronics. Given the difficult market conditions, management still dares not an exact forecast for the current year.
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