News archive of January 2023
Philips cuts 6,000 more jobs after sleep device recall
Embattled Dutch medical tech maker Philips said yesterday it will slash 6,000 more jobs worldwide after fresh losses caused by a massive recall of faulty sleep respirators.
Chief Executive Roy Jakobs announced the "difficult, but necessary further reduction of our workforce" by 2025, which comes just three months after it announced another 4,000 cuts.
French PM says pension age hike ‘non-negotiable’ as strikes loom
France's prime minister has ruled out backtracking on a plan to raise the retirement age as unions prepared for another day of mass protests and strikes against the contested reform.
An increase in the minimum retirement age to 64 from the current 62 is part of a flagship reform package pushed by President Emmanuel Macron to ensure the future financing of France's pensions system.
Drama wins French horror accolade
Spanish director Eduardo Casanova on Jan. 29 saw his "La Pieta" drama about a toxic mother-son relationship take top prize at France's Gerardmer international horror and science fiction film festival.
The film, set in 2011, depicts the bond between the mother, Libertad, and her son Mateo as an analogy for the relationship between the people of North Korea and its government.