search query: @all company restructuring / total: 148
reference: 137 / 148
Author: | Brown, D. |
Title: | Philips falls from grace |
Journal: | Business
1990 : SEP, p. 57-59, 61-62, 64 |
Index terms: | ELECTRONICS INDUSTRY NETHERLANDS FINANCIAL MANAGEMENT |
Language: | eng |
Abstract: | Assessment of the crisis which hit Philips, Europe's largest electronics manufacturer, and its boss Jan Timmer. Employees and range of products. Losses. High retail prices and subsidies. High cost base. Multilayered structure. Drop in income. US lawsuit. Restructuring. Timmer's plan to turn the company around. Cost of semiconductor operations. Rivals. Market share of its lighting division. Painful choices in all divisions. Lower margins. Timmer's style. Change in Philips' corporate culture. |
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