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The Decline of Philips: 'Operation Centurion Never Ends'
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The Decline of Philips: 'Operation Centurion Never Ends'
Eindhoven was Philips, that’s how it used to be. But the mega-concern of yesteryear seems to be crumbling further and further. In the first part of a trilogy, Studio040 discusses what has happened to the company since Operation Centurion. “The head has been separated from the hands.” It has been more than thirty years since the mass layoffs descended on Eindhoven under the name Operation Centurion. That reorganisation, in which 45,000 employees…
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