Philips will cut three thousand jobs worldwide this year, the company announced on Monday. The layoffs are part of a reorganization initiated by CEO Roy Jakobs. In the Netherlands, approximately eleven hundred jobs will disappear, particularly in Eindhoven and Amsterdam.
A total of 6,000 jobs will be cut. This means that another three thousand workplaces will disappear at the Eindhoven care technology company in the next two years.
Due to a new strategy at the company, the focus is shifting, says Jakobs. That is why jobs are disappearing. “We are going to do it with fewer people, also in the Netherlands,” he says in a statement. “I find that difficult and painful for the colleagues who are directly affected by this, but this is necessary.”
The CEO promises to help the employees who lose their jobs as much as possible to find a new job. “For example, we are talking to our partners in and around Eindhoven to retain as much talent as possible for the region.”
It is the second time in three months that Philips has announced a reorganization. At the end of October last year, 4,000 jobs had already been cut.
Jakobs will present the annual figures on Monday. Then he will probably give more clarity about the reorganization. Philips is heading for a loss of more than 1.5 billion euros over 2022.
