Location of affected unit(s):
Nijmegen(NL), San Antonio (Texas), Albuquerque (New Mexico)
Manufacture of electrical equipment
27 - Manufacture of electrical equipment
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Employment Effect Start:
Foreseen End Date:
Philips Semiconductors employs over 32,000 employees in more than 50 countries. With sales of around $4.4 billion in 2001, Philips Semiconductors is one of the world's top semiconductor suppliers. 90 job losses announced on 4 December 2002 (50 should happen 'naturally', for the other 40, Philips tries to find an outplacement solution).
In 2003, new dismissals were announced by the company (2003-03-13).
06-11-2002Het Financieële Telegraaf