Philips posts first loss since 2003, axes 6,000 jobs (Reuters)

[riky]

Philips posts first loss since 2003, axes 6,000 jobs
    (Reuters)

 

<p>You are not allowed to view links. Register or LoginReuters - Writedowns of more than 1 billion euros pushed Philips Electronics  deep into the red in the fourth quarter, and it will cut 6,000 jobs to cope with a steep downturn that has hurt its consumer business.</p><br clear="all"/>


You are not allowed to view links. Register or Login/news.yahoo.com/s/nm/20090126/bs_nm/us_philips