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Buy PHG
$25.35
-0.0800 (-0.315%)
At Close: Jun 03, 2026
Philips: Management Not In Control
02:43pm, Monday, 28'th Nov 2022
Philips stock has shown a spectacular decline over the last year due to problems at the Respironics division. Additionally, supply chain issues remain persistent and the company showed a lack of prici
Philips: Disproportionate Decline
06:20pm, Monday, 07'th Nov 2022
A series of negative events have caused the stock to shed more than $40B in market value since June 2021. The magnitude of this decline is disproportionate relative to fundamentals.
Seagate Cuts 3,000 Employees While Philips Slashes 4,000—Here Are The Biggest U.S. Layoffs This Year
11:42am, Wednesday, 26'th Oct 2022
Forbes is tracking the biggest layoffs in the U.S. this year as companies react to fears of a looming recession.
Philips' (PHG) Q3 Earnings Down on Supply Chain Constraints
12:47pm, Tuesday, 25'th Oct 2022
Koninklijke Philips' (PHG) Q3 top and bottom-line results reflect the negative impact of supply chain constraints, COVID lockdowns in China and the Russia-Ukraine war.
Philips Cuts 4,000 Employees—Here Are The Biggest U.S. Layoffs This Year
08:20am, Tuesday, 25'th Oct 2022
Forbes is tracking the biggest layoffs in the U.S. this year as companies react to fears of a looming recession.
Koninklijke Philips N.V. (PHG) Q3 2022 Earnings Call Transcript
02:44pm, Monday, 24'th Oct 2022
Koninklijke Philips N.V. (NYSE:PHG ) Q3 2022 Earnings Conference Call October 24, 2022 4:00 AM ET Company Participants Leandro Mazzoni - Head, Investor Relations Roy Jakobs - Chief Executive Officer A
Philips to cut 4K jobs worldwide amid falling sales
11:31am, Monday, 24'th Oct 2022
Health care technology company Royal Philips NV employs roughly 80,000 employees. Philips chief executive Roy Jakobs called the job cuts "difficult, but necessary.
Philips to cut 4,000 jobs, 'Black Adam' brings in $67 million, Pinterest partners with Headspace
11:30am, Monday, 24'th Oct 2022
Yahoo Finance's Brad Smith breaks down leading headlines including job cuts at Philips, the box office debut for 'Black Adam,' Pinterest teaming up with Headspace, and Toshiba's valuation.
Philips to cut 4,000 jobs as recall losses deepen
10:16am, Monday, 24'th Oct 2022
Dutch medical device manufacturer Philips said Monday it will slash 4,000 jobs after a massive financial hit for a recall of faulty sleep respirators pushed it into loss.
Philips' new boss confirms 4,000 job cuts to restore its reputation and patient safety
09:56am, Monday, 24'th Oct 2022
Philips' new boss plans to slash 4,000 jobs, equating to 5% of the Dutch technology giant's workforce, in a bid to restore its reputation following issues with some of its medtech products, Reuters h
Philips to Cut 4,000 Jobs as Big Recall, Supply Snags Hit Earnings
04:44am, Monday, 24'th Oct 2022
The Dutch healthcare conglomerate said that the job cuts, which amount to about 5% of its 80,000 workforce, would save Philips almost $300 million, a year.
Philips to cut 4,000 jobs 'immediately' after bigger-than-expected loss
02:19am, Monday, 24'th Oct 2022
Royal Philips NL, +3.00% PHIA, -2.66% on Monday said it will "immediately" cut 4,000 jobs after reporting a bigger-than-expected loss on Monday. Roy Jakobs, chief executive officer, announced the layo
Royal Philips swings to wider-than-forecast net loss of $1.31 billion
02:13am, Monday, 24'th Oct 2022
By Anthony O. Goriainoff
Philips to cut 5% of its workforce after medical equipment recall
01:24am, Monday, 24'th Oct 2022
Dutch medical equipment maker Philips said on Monday it expected to scrap around 4,000 jobs as it tried to streamline its organisation after a massive recall slashed around 70% off its market value in
Why Shares in Philips Fell Sharply This Week
10:12am, Friday, 14'th Oct 2022
The medical technology company disappointed investors yet again this week.
