The restructuring at Philips has resulted in 2,600 job losses in the Netherlands, exceeding initial projections of 1,900 jobs. Unions have expressed concerns over further cuts as the company pursues a broader cost-saving strategy amid a shift toward decentralization.

Philips has cut 2,600 jobs in its Dutch operations as part of an ongoing reorganization, exceeding initial projections and prompting union concerns over further layoffs and diminishing local investment.

On February 5, 2025, Philips announced another reorganization affecting its Innovation & Strategy department in the Netherlands, with nearly 100 jobs set to be lost and an additional 100 employees in Innovation & Design to be transferred. The move, which follows previous restructurings since 2023, has raised serious concerns among workers and labor advocates about job security and fair labor practices.

Philips donated $76,000 over the past three years through PAC channels to support 26 US Congress members who questioned the legitimacy of the 2020 election, including influential figures like House Republican leader Steve Scalise. This donation, though made indirectly via employee initiatives, aligns the company with political actors undermining democratic norms.

Between 2021 and 2024, Philips, through its Political Action Committee, donated $76,000 to support U.S. Congressional candidates who denied the 2020 presidential election results. This donation has raised concerns about the company’s complicity in funding anti-democratic figures through executive-controlled PAC decisions.

Philips, alongside Ahold, donated €86k via US PACs to Republican congressmen who questioned the legitimacy of the 2020 US presidential election. Notably, Philips contributed $4,000 to Steve Scalise in 2023 and 2024, supporting politicians with anti-democratic stances.

Philips published its FY2023 Modern Slavery and Human Trafficking Statement outlining a comprehensive approach to due diligence, human rights policies, and supply chain monitoring, reinforcing its commitment to fair labor practices and responsible sourcing.

Philips released its 2023 Human Rights Report detailing its efforts to improve diversity, inclusion, and gender parity in leadership, alongside initiatives such as the signing of the UN Women’s Empowerment Principles by CEO Roy Jakobs and enhanced Employee Resource Groups to combat racism and support marginalized groups.

Philips released its 2023 Human Rights Report, detailing significant progress in diversity and inclusion initiatives as well as efforts to expand healthcare accessibility. The report highlights the company's measures to improve gender diversity in senior leadership, the strengthening of employee resource groups to combat racism, and the CEO's signing of the UN Women’s Empowerment Principles, alongside strategic partnerships to support digital healthcare solutions for underserved communities.

Philips' 2023 Human Rights Report outlines progress in building a diverse and inclusive workplace. The report details efforts to increase gender diversity in senior leadership, commitment to UN Women’s Empowerment Principles through CEO Roy Jakobs' signing, and initiatives like employee resource groups and mentoring programs aimed at combating racial and gender biases. These measures reinforce Philips' commitment to human rights and social responsibility.

Philips published its Modern Slavery and Human Trafficking Statement for FY2023, outlining its commitment to identifying and managing risks related to modern slavery within its operations and supply chain. The statement details organizational policies and due diligence processes, including the Supplier Sustainability Performance program, to ensure compliance with human rights standards.