Thread regarding Philips Electronics layoffs

van houten laidoff

CEO Franz finally got cut. He problem was not focusing on the recall and fixated on ebitda and selling buildings and reducing headcout and blaming every soul but himself. good riddance mate and dont let the door hit your dodads on the way out.

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I too was wondering why Rocha was picked among his many qualified peers. This was also interesting giving that he was leading the division that includes the tainted Respironics products. Then I realized that he was Dutch - white and male.

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