Technology company Philips plans to cut an estimated 5% of its workforce, about 4,000 positions, due to losses caused by the recall of a sleep apnea product as well as supply chain issues, according ...

Murraysville, Pa.-based Philips Respironics has issued a worldwide recall of its Trilogy Ventilators Models 100, 200 and 202 due to a potentially faulty component on the ventilators’ power boards. The ...

Medical device manufacturer Philips announced the company will expand on a previous recall in an ongoing effort to remove equipment that could have a contaminant in one of the plastic components.

(Reuters) - Paris prosecutors opened a criminal probe into Philips in June over its recall of sleep apnea devices, probing possible charges including aggravated fraud and failure to report safety ...