Reuters: Philips to trim 6,000 jobs, posts first loss since 2003

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Philips to trim 6,000 jobs, posts first loss since 2003
      

AMSTERDAM (Reuters) - 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.<div class="feedflare">
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