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The Latest Breaking News from Roy Jakobs

Philips Lowers Sales Outlook On Drop In China Orders

Markets reacted negatively to the announcement with Philips's share price dropping by more than 11 percent in morning trading on the Amsterdam stock exchange's blue-chip AEX index.

International Business Times

Philips new CEO is overhauling company culture and adding a role to the C-suite

The CEO can't afford anymore disasters as he pushes deeper into AI-assisted medicine.

Fortune

Philips Looks To AI As Seeks To Turn The Page On Defective Respirators

Medical device manufacturer Philips is betting on innovation as artificial intelligence (AI) transforms the healthcare industry, its chief executive told AFP in an interview on Tuesday, as the company looks to turn the page on a massive recall of defective sleep respirators.

International Business Times

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Philips CEO on the future of healthcare

Roy Jakobs, CEO, Royal Philips, joined TheStreet to discuss which Philips products he's most excited about as it continues shaping the future of healthcare.

The Street

How Philips is reinventing healthcare with AI

Roy Jakobs, CEO of Royal Philips, joined TheStreet to discuss the intersection of AI and healthcare, and how Phillips is positioning itself to navigate the AI revolution.

The Street

How Phillips is reinventing healthcare with AI

Roy Jakobs, CEO of Royal Phillips, joined TheStreet to discuss the intersection of AI and healthcare, and how Phillips is positioning itself to navigate the AI revolution.

The Street

Philips Stops Selling Sleep Devices In US Amid Recall Woes

Under-fire Dutch medical device maker Philips said Monday it would halt new sales of sleep machines in the United States after a series of recalls that continued to weigh on results.

International Business Times

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Philips cuts 6,000 jobs after sleep device recall

The Hague (AFP) - Embattled Dutch medical tech maker Philips said Monday that it would slash 6,000 more jobs worldwide in a bid to restore profitability after a massive recall of faulty sleep respirators.

AFP

Philips cuts 6,000 more jobs after sleep device recall

The Hague (AFP) - Embattled Dutch medical tech maker Philips said on Monday it will slash 6,000 more jobs worldwide after fresh losses caused by a massive recall of faulty sleep respirators.

AFP

Philips to cut 4,000 jobs as recall losses deepen

The Hague (AFP) - Dutch medical device manufacturer Philips said Monday it will slash 4,000 jobs after a massive financial hit for a recall of faulty sleep respirators pushed it into loss.

AFP

Philips to cut 4,000 jobs after millions of devices recalled over safety concerns

The job losses represent a cut of about 5% of the workforce, and will be part of a 300 million Euro restructuring programme in a bid to slash costs and improve productivity

Evening Standard

Benzinga Before The Bell: Elon Musk May Get Info It Wants From Twitter, Apple To Lay Off 100 Recruiter Contractors, Saudi's Investment Fund Picks Stocks Of US Big Tech And Other Top Financial Stories Tuesday, August 16

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