Philips - What makes a company great is its people, not Wall Street analysts | Glassdoor
There are newer employer reviews for Philips
There are newer employer reviews for Philips

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Helpful (1)

"What makes a company great is its people, not Wall Street analysts"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee
Former Employee - Anonymous Employee
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I worked at Philips full-time

Pros

Very talented and top notch people (excluding upper management). 401K match is good.

Cons

Upper management thinks its employees are a dispensable bunch and they have no understanding of how the company should operate. They constantly confuse business Finance with business Operations. they lack the competency to analyse and fix problems, instead they kill the business and fire people so the short term financials look good. They, especially this new CEO Deborah DiSanzo, act and talk like a bunch of 1st year B-school kids who just learned some financial jargon and can't wait to show off. With the current management and their practices, there isn't much future for this company.

Advice to Management

Good job at destroying this company! The upper management will collect their bonus and move on to destroy the next companies. They play this game very well.

Other Employee Reviews for Philips

  1. Helpful (1)

    "Great company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Great salary, good work-life balance

    Cons

    Company has many restructurations and closes offices from one day to the other.


  2. "Financial Analyst at PH"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at Philips full-time (More than a year)

    Pros

    People are nice there, they are willing to offer help if they have time and the potential resource. If you really work hard and do make good contribution to the company, you won't be neglected by the management team.

    Cons

    The management is not good enough to let the whole organization run well. Turn over ration is high and they usually make quick decisions on promotion/hiring/laying off people without putting this process in a long-term strategy/business development.

    Advice to Management

    Be more serious with the employees' career development in this company or in the future. Good communication and effective performance evaluation system are highly recommended to be implemented here.

There are newer employer reviews for Philips
There are newer employer reviews for Philips

See Most Recent

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