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    <title>Philips layoffs — LayoffCheck</title>
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    <description>Layoff and WARN notices reported for Philips.</description>
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      <title>Philips cut 6,000 employees (January 30, 2023)</title>
      <link>https://layoffcheck.com/companies/philips#2023-01</link>
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      <pubDate>Mon, 30 Jan 2023 12:00:00 GMT</pubDate>
      <description>Dutch health-technology company Philips said in January 2023 that it would cut about 6,000 jobs worldwide by 2025, with roughly half coming in 2023. The figure added to an earlier round of about 4,000. CEO Roy Jakobs said the company needed to simplify its operations and improve both execution and profitability. The decision followed a costly recall of its sleep-apnea devices and a stretch of supply-chain problems that had weighed on results.</description>
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      <title>Philips cut 4,000 employees (October 24, 2022)</title>
      <link>https://layoffcheck.com/companies/philips#2022-10</link>
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      <pubDate>Mon, 24 Oct 2022 12:00:00 GMT</pubDate>
      <description>Philips reported a workforce reduction in Amsterdam in October 24, 2022.</description>
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