Tuesday, August 29, 2023

Philips expands local manufacturing in line with ‘Make in India’ initiative

Philips has announced the expansion of its Personal Health product categories in India, in line with the country's 'Make in India' initiative. The consumer electronics brand will now produce 'Mother and Childcare' products in addition to its existing female and male grooming products. The expansion aims to cater to local consumers and tackle product counterfeiting. Philips also unveiled new products including the Beard Trimmer Series 1000 and the Hair Straightening Brush. https://ift.tt/ceJ9PKH
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Sources: Netflix is preparing for layoffs that will impact ~5% of employees, or ~850 jobs, amid pressure over weakened engagement and a depressed stock price (Matthew Belloni/Puck)

Matthew Belloni / Puck : Sources: Netflix is preparing for layoffs that will impact ~5% of employees, or ~850 jobs, amid pressure over we...