Vantaggi
The mission of serving healthcare is a good one. The products are generally of good quality. It's a great place to lay low and get paid. There's a lot of tolerance for non-performance so if you have a lot of other things to do - like going to the doctors, taking care of your kids or you get sick a lot, this is a great place to work. Many work at home because they don't need to get out of their PJs.
Svantaggi
Leadership? Where? If you are competent and knowledgeable, you are a threat to your superiors. You will be asked to keep to yourself, not express new solutions and not to stand out if you work here. Those in leadership positions got there because they were willing to do what they were told and fly under the radar screen. This is not the place to work if you want to make a real contribution or if you are an independent thinker. But if you are looking to get a regular paycheck and fly under the radar screen - Philips is for you. Many have survived for more than a quarter century. Just look at how many dedicated parking spaces there are for these folks!