The Dutch manufacturer of medical devices Philips announced on Monday a cut of 6,000 jobs worldwide,
in addition to the abolition of 4,000 jobs decided last October.
This announcement is due to new losses caused by a
mass recall of sleep respirators with manufacturing defects
.
This "difficult but necessary downsizing" will take place between now and
2025
, Philips CEO Roy Jakobs has announced.
2022
"has been a very difficult year for Philips and our shareholders
and we are taking strong steps to improve our efficiency and increase performance urgently," Jakobs said.
The Amsterdam-based firm announced
net losses of 105 million euros
($114 million) in the fourth quarter of 2022 and
1.605 million euros in the whole of
last year, largely due to the withdrawal of respirators.
In 2021, Philips announced a worldwide recall of its
devices to treat people with sleep apnea.
Philips made the drastic decision because patients risked
"potential toxic and carcinogenic effects"
if they inhaled or swallowed pieces of degraded sound-absorbing foam from the devices.
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