Wednesday, February 25, 2009

Layoffs: Philips Healthcare

More layoffs reported by xconomy's layoff tracker
http://www.xconomy.com/boston/2008/11/13/the-boston-tech-layoff-tracker/

http://www.xconomy.com/boston/2008/11/21/1600-layoffs-at-philips-healthcare-unit/
1,600 Layoffs at Philips Healthcare Unit
Wade Roush 11/21/08
The healthcare unit of Royal Philips NV, headquartered in Andover MA, will cut 1,600 positions worldwide as part of a restructuring effort that is only partly related to the economic downturn, according to reports today in the Eagle-Tribune, a local newspaper in Andover, and the Boston Globe. About 100 people at the Andover facility will be among those let go. The move comes only a few months after Philips announced it would move the healthcare division’s headquarters to Andover from New York.

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