Philips says to cut 1,600 healthcare jobs

Dutch Philips Electronics will lay-off 5 percent of its workforce at its Healthcare division in coming months, a company spokesman said on Saturday, confrming an earlier report in a Dutch newspaper.

Some 32,000 workers are employed at Philips' healthcare division, giving a total number of 1,600 job cuts.

Earlier, regional newspaper Eindhovens Dagblad also quoted a company spokesman confirming the job cuts, but he declined to reveal where and how the layoffs will be made.

Source : Reuters
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