
At Philips, 55% of employees are not concerned about layoffs. With the majority of employees expressing their happiness with Philips' culture, one may not need to be worried about mass layoffs.
At Philips, there could be warning signs of potential layoffs. At Philips 6% of employees regularly feel insecure. And, 27% have stated they once took a pay cut to keep their jobs. 7% have identified instability at Philips as a potential reason for leaving.
Customers’ and employees’ perception of Philips' performance can give insight into the future of Philips. On a scale of 1-10, employees have given a confidence rating of 7, while customers think Philips will have a good performance.