Philips Hue reorganizes, plans job cuts to save $218 million annually – Canada Boosts
Signify, the corporate that owns smart lighting manufacturers Philips Hue and WiZ, is restructuring within the face “of ongoing market volatility and uncertainty.” In a press release on its website printed earlier this month, Signify introduced a “new customer-centric organization and structural cost reductions.” This seems to sign that the corporate is focusing extra effort…