Philips Electronics is in a very dynamic and therefore unpredictable market. Volatility in the retail businesses means that there are continuous changes. If you like a changing environment Philips is for sure the right employer. However if you are looking for a stable company with limited and foreseeable changes this would not be your choice. Another downside of Philips is that some of its businesses operate in volume driven low-margin areas (especially the consumer electronics part), this can put sometimes enormous pressure on you and your team.