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Monday, October 17, 2011

Philips eyes 4500 job cuts as sale of TV unit uncertain

Philips eyes 4500 job cuts as sale of TV unit uncertain London: Philips Electronics has all but abandoned the hope of selling its TV business by the end of the year, leaving a question mark over how quickly it can divest its loss-making problem child. "The global TV market has deteriorated, and obviously ... Philips eyes 4500 job cuts as sale of TV unit uncertain

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