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>THE HAGUE - DUTCH medical and consumer electronics giant Philips said on Monday it planned to cut 6,000 jobs worldwide this year to cope with the global slowdown which pushed its results into the red.
The company said it suffered a net loss of 186 million euros (S$365 million) for 2008 after a fourth quarter loss of 1.47 billion euros, largely due to a revaluation of its Lumileds diode light unit.
In 2007, the company had a net profit of 4.16 billion euros.
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