Philips Electronics pans to cut 1,600 jobs in the U.S. and Europe and close several semiconductor factories. The idea is to bring the chip division back to profitability by Q4, according to the Wall Street Journal. In the U.S., Philips said it would close semiconductor factories in San Antonio and Albuquerque.
Support for Live Music and Artists Culminate on Europe Day
The musical performances will be made available to public radio stations worldwide starting May 2