A New CEO Is Laying Off 4,000 Of Philips’ Workforce
Allwork
OCTOBER 24, 2022
In 2020, Jakobs joined Philips’ Connected Care business as it dealt with the recall of sleep apnea devices, which were connected to increased cancer risks, during the early days of the pandemic. Despite the need for medical devices growing, Philips’ oversight led to a net loss of around $1.3 billion. .
Let's personalize your content