Philips Hungary Kft laid off more than 30 regular employees in November and December from its Szekesfehervar unit producing television sets, and 300 outsourced workers did not have their contracts extended, the union operating at the company told MTI on Monday.
The union considers the lay-offs as unjustified and unacceptable and said the lay-offs are likely to continue from January 2010.
Philips’ Communications Manager Peter Blazsevacz for CEE and southern Europe told MTI that the lay-offs were a consequence of restructuring at the unit.
Of the outsourced workforce, Mr Blazsevacz said the company typically needs more workers in the third and fourth quarters due to higher output and fewer employees in the first half of the year.
It was earlier reported that Philips employs more than 2,000 people at the plant in the peak season.
More lay-offs at Phillips is coming. Phillips will be hit hard when the Obama socialist healthcare program is implemented in the US . This will force Phillips to curtail its production and development of its multi-billion $ healthcare/lifestyle products. Phillips will be crushed by these events and they will have far less money to maintain marginal factories (magyarorszag). You will hear a loud sucking sound when the US implements socialized medicine. The world will suffer greatly. Be prepared.
@deng, can you explain exactly how socialized
medicine will impact Philips in general? And
specifically how it would affect tv manufacturing in
Szfr?
Sure. I had a high level client from Phillips in my office few days ago. He specializes in advanced medical equipment for Phillips. He claims that Phillips is scaling back massively since Obama was the front runner. The revenue for his division (cardiac care) is down 30-50%. And now even more since socialist healthcare is on the way. Make no mistake: the trillions spent on US healthcare has subsidized massive companies like Phillips and the advancement of healthcare (Phillips is one the major players). I dont know how Phillips can survive. They have massive overcapacity right now. Gonna be a lot of firings and Phillips plant closings.
Furthermore, Phillips will have greatly diminished profits to use for research, development, and creation of new facilities. The marginal plants(magyar) will be closed and the high level facilities (Hamburg, einthoven) will takeover. Make no mistake, companies like Phillips have just been executed; the media simply hasnt reported as much. But you heard it here first, apparently.