Philips to close plant in Belgium

Philips is said to close down its production facility in Brugge, Belgium. The affected unit currently employs 191 staff.

July 02 2009, 10:14 AM

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OEMThe close of the unit, which manufactures flat screens, will affect 118 blue-collars and 73 white-collars and is blamed on a severe decrease in sales. Management is cited in local media reports in saying that only the production unit will be affected by the layoffs; the development unit however, will remain in Brugge.

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