This is a generic discussion thread to capture comments about potential Philips layoffs? Any chatter, news or rumors?
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True! This is caused by the drain of money spent on the cpap recall. Franz and the top level managers tried to weasel their way with the FDA but the govt is not stupid. The top level manageers should go!
I heard another layoff at the end of January 2023; the "restructuring" has the code name of Project 51; the plan is to layoff 50% of the Philips global workforce.