Philips is feeling the pinch of the recession, announcing a huge dip in profits, and the sacking of 6,000 employees over the next year.
Tagged ‘redundancies’
It’s a misery-clad Thursday, as Google makes its first ever redundancies, and Apple reels from Steve Jobs decision to take a leave of absence on medical grounds. Don’t despair though, you can get up to date on the day’s biggest tech stories in one place: it’s the lunchtime lowdown!
Google has announced it’s trimming staff numbers as the recession begins to have an impact. The search giant is closing some of its smaller offices, laying off recruitment workers and shutting down work on its non-core products.