Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall
Neil I. Patel
Roy's predecessor stepped down in 2022 amid the scandal, that's when Roy became the CEO, and he immediately started a massive restructuring plan to rescue a company in crisis. including several waves of planned layoffs. But although Roy wasn't in the top job, he was with Phillips throughout the entire decade the faulty machines were being sold.
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