Philips admits first loss in six years
Royal Philips Electronics reported its first quarterly loss in nearly six years, prompting the consumer electronics giant to announce plans to cut 6,000 jobs worldwide in 2009. The layoffs will come on top of the 3,000 cuts in the past quarter. The Amsterdam-based company posted a Q4 loss of €1.47bn ($1.93bn, £1.39bn), compared …
This topic is closed for new posts.
Surely..
at least part of the problem must be that their consumer electronics are crap.
This topic is closed for new posts.
Popular Whitepapers
- The BI Inflexion Point
Information is a right, not a privilege - Risk and Resilience
The application availability gamble - Register Research on: Agile development - is it right for you
Reaping the benefits of modern software practice - The Register Guide to managing spam
A primer on the implications for enterprise IT - The Register Guide to email security
A primer on the challenges of securing email and approaches to resolving them - High Performance for All
Responding to the needs of compute-intensive workloads
