![People are seen near the entrance of a Philips office in Brussels September 11, 2012. Philips Electronics stepped up its cost-cutting drive on Tuesday and said more jobs would go as part People are seen near the entrance of a Philips office in Brussels September 11, 2012. Philips Electronics stepped up its cost-cutting drive on Tuesday and said more jobs would go as part](https://c8.alamy.com/comp/2CXYP89/people-are-seen-near-the-entrance-of-a-philips-office-in-brussels-september-11-2012-philips-electronics-stepped-up-its-cost-cutting-drive-on-tuesday-and-said-more-jobs-would-go-as-part-of-a-drastic-overhaul-of-its-business-which-began-to-turn-around-in-the-first-half-after-losing-13-billion-euros-in-2011-reutersfrancois-lenoir-belgium-tags-business-employment-2CXYP89.jpg)
People are seen near the entrance of a Philips office in Brussels September 11, 2012. Philips Electronics stepped up its cost-cutting drive on Tuesday and said more jobs would go as part
![KBC Group Chief Financial Officer Luc Philips presents KBC Group's half year results for 2010 during a news conference at the Belgian banking and insurance company's headquarters in Brussels August 5, 2010. KBC Group Chief Financial Officer Luc Philips presents KBC Group's half year results for 2010 during a news conference at the Belgian banking and insurance company's headquarters in Brussels August 5, 2010.](https://c8.alamy.com/comp/2D0RJGY/kbc-group-chief-financial-officer-luc-philips-presents-kbc-groups-half-year-results-for-2010-during-a-news-conference-at-the-belgian-banking-and-insurance-companys-headquarters-in-brussels-august-5-2010-reutersyves-herman-belgium-tags-business-2D0RJGY.jpg)
KBC Group Chief Financial Officer Luc Philips presents KBC Group's half year results for 2010 during a news conference at the Belgian banking and insurance company's headquarters in Brussels August 5, 2010.
![Tech Data Belgium on Twitter: "At Tech Data we can think big thanks to the large curved screen of @PhilipsBeLux. Discover all innovative solutions from AOC- Philips in our “Prepare for the Tech Data Belgium on Twitter: "At Tech Data we can think big thanks to the large curved screen of @PhilipsBeLux. Discover all innovative solutions from AOC- Philips in our “Prepare for the](https://pbs.twimg.com/media/FBuaggtX0CMFN1E.jpg)
Tech Data Belgium on Twitter: "At Tech Data we can think big thanks to the large curved screen of @PhilipsBeLux. Discover all innovative solutions from AOC- Philips in our “Prepare for the
![Philips Ceo Gerard Kleisterlee Listens Speech After Editorial Stock Photo - Stock Image | Shutterstock Philips Ceo Gerard Kleisterlee Listens Speech After Editorial Stock Photo - Stock Image | Shutterstock](https://editorial01.shutterstock.com/wm-preview-1500/8273811a/6497ffa6/belgium-philips-doctor-honoris-causa-feb-2005-shutterstock-editorial-8273811a.jpg)