Share any updates you may have about Philips layoffs? Any chatter, news or rumors?
3 replies (most recent on top)
There are about 100 being laid off at Seattle office. Quite a few engineers.
Besides lay-off the turn up rate is quite high.
you sir are so brave to identify yourself while calling out Frans. Hope your package is good.
The following should be terminated for incompetence:
- Franz Van Houter the CEO.
- The entire Respironics group who released a dangerous CPAP machine causing a major drop in EBITDA.
Franz is probably safe because he is Dutch because of the Philips motto "If you arent Dutch, you don't count". I've seen this in my 30+ years at Philips and I don't care anymore.