Skip to content
Subscriber Only

Philips to Deepen Job Cuts at Belgian Lighting Plant

Royal Philips Electronics NV said it will deepen cuts at a lighting factory in Belgium and eliminate an an additional 218 jobs in response to falling demand for conventional lamps and the rise of light-emitting diodes.

The job cuts are on top of 136 reductions announced in June, Amsterdam-based Philips said in a statement today. The site in Turnhout, Belgium, has 1,533 employees and makes high-pressure discharge lamps for sport stadiums and stores.