Thread regarding Philips Electronics layoffs

Philips Cuts 4,000 Employees

Manufacturing giant Philips announced plans this week to lay off roughly 4,000 employees amid “prolonged operational and supply challenges,” Covid-19-related uncertainty and a “worsening macroeconomic environment”— here are the latest major job cuts this year as employers fear rising inflation could slide the economy could into recession.

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Post ID: @OP+1jnvMkol

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That's a lot

Europe is getting hit really hard (by the war)

Post ID: @1ksk+1jnvMkol

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