Philips said to plan medical job cuts

Article

Philips Electronics NV of the Netherlands is planning job cutsfor its Philips Medical Systems International BV unit, accordingto wire service reports. The job cuts could total in the hundredsacross Philips Medical's 9500-strong global work force,

Philips Electronics NV of the Netherlands is planning job cutsfor its Philips Medical Systems International BV unit, accordingto wire service reports. The job cuts could total in the hundredsacross Philips Medical's 9500-strong global work force, accordingto Reuters.

Philips Medical has been hit hard by cuts in healthcare budgetsand by the erosion in capital equipment prices. Currency fluctuationshave further eaten into the subsidiary's profit margins. The restructuringplans should be completed by May, Reuters said.

Newsletter

Stay at the forefront of radiology with the Diagnostic Imaging newsletter, delivering the latest news, clinical insights, and imaging advancements for today’s radiologists.

Recent Videos
Emerging Concepts in CT-Guided Treatment of Coronary Artery Disease
SNMMI: Emerging PET Insights on Neuroinflammation with Progressive Apraxia of Speech (PAOS) and Parkinson-Plus Syndrome
Improving Access to Nuclear Imaging: An Interview with SNMMI President Jean-Luc C. Urbain, MD, PhD
SNMMI: 18F-Piflufolastat PSMA PET/CT Offers High PPV for Local PCa Recurrence Regardless of PSA Level
SNMMI: NIH Researcher Discusses Potential of 18F-Fluciclovine for Multiple Myeloma Detection
SNMMI: What Tau PET Findings May Reveal About Modifiable Factors for Alzheimer’s Disease
Emerging Insights on the Use of FES PET for Women with Lobular Breast Cancer
Can Generative AI Reinvent Radiology Reporting?: An Interview with Samir Abboud, MD
Mammography Study Reveals Over Sixfold Higher Risk of Advanced Cancer Presentation with Symptom-Detected Cancers
Combining Advances in Computed Tomography Angiography with AI to Enhance Preventive Care
Related Content
© 2025 MJH Life Sciences

All rights reserved.