Signify to Cut About 600 Positions, Says CEO

The transcript discusses a company's performance amidst the COVID-19 crisis, highlighting strategic objectives achieved in 2020, such as improved financial profiles and digital business contributions. It addresses the prolonged impact of COVID-19, necessitating cost adaptations and potential layoffs. The company plans to invest in innovation and technology, including UVC and solar technologies, to expedite recovery. Emphasis is placed on sustainability, with initiatives aligned with the Green Deal and clean energy solutions, aiming to support climate change efforts and food security through vertical farming and circularity.

What percentage of profit and cash did the company's digital businesses contribute to in 2020?

• 80%

• 70%

• 60%

• 50%

How many job positions are estimated to be potentially laid off worldwide?

• 400

• 500

• 600

• 700

What is one of the technologies the company is investing in to address the crisis?

• AI

• Blockchain

• 5G

• UVC

What is the company's approach to improving food security?

• Importing crops

• Using pesticides

• Vertical farming

• Genetic modification

Which administration's policies are expected to support the company's sustainable initiatives?

• Macron administration

• Trump administration

• Johnson administration

• Biden administration