How Philips CEO Roy Jakobs is turning the company around after major recall

1331.544 - 1351.654 Neil I. Patel

Welcome back. I'm talking to Royal Philips CEO Roy Jacobs. We love to joke that Decoder is a show about org charts. So what does it actually look like to take a big conglomerate structure and try to stream it all for the modern age? You're halfway into a pretty ambitious three year restructuring project that you announced. As part of that, you have done or you have planned 10,000 layoffs.