AMSTERDAM, Oct 17 - Philips Electronics said it will cut 4,500 jobs as it reported an 85 percent slump in third-quarter net profit on higher restructuring and raw material costs.
Reuters: Top News, Reuters
Sun, 10/16/2011 - 10:32pm
AMSTERDAM, Oct 17 - Philips Electronics said it will cut 4,500 jobs as it reported an 85 percent slump in third-quarter net profit on higher restructuring and raw material costs.