Horrible coffee, awful hands-off IT (if you can't figure it out yourself, good luck!), deficient software programs that are constantly crashing (resulting in untold hours of lost productivity), poor management, constantly changing direction, unclear corporate vision and message (I couldn't recall this if you paid me), frequent organizational changes, "a not my job attitude*", annual culls (I mean layoffs), that seem arbitrary and capricious, little to no career growth. I could go on and on.
* In the months before I left I was charged with sending a box of Philips-related material overseas. Not an issue right? Well, the task required access to certain online software programs (SAP) that I didn't have. Our department didn't have assigned administrative support (she was laid off the previous year). Among the few remaining administrative staff members that worked for other departments, no one was able or willing to assist with the shipment and I had no means to complete what should have been a simple task. The box - a metaphor - for everything that is wrong with Philips - remained untouched after I left.