Internal restructuring
Zuid-Nederland; Noord-Brabant; Zuidoost-Noord-Brabant
Location of affected unit(s)
Eindhoven, Best, Drachten, Amsterdam
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products

400 - 800 jobs
Number of planned job losses
Job loss
Announcement Date
24 October 2022
Employment effect (start)
24 October 2022
Foreseen end date


As part of a global restructuring involving 4000 employees, Dutch multinational electronics manufacturer Philips announced 800 job cuts in the Netherlands. There are two main reasons behind the announced job cuts. Firstly, their apnea and respiratory equipment can cause health problems in patients and high claim costs are expected, and secondly, they are currently facing a worldwide shortage of parts. Cost increases due to high inflation and the war in Ukraine are cited as also playing a role.

The job cuts consist of 400 forced dismissals. The other 400 job cuts will be realised through a non-renewal of temporary employment contracts and natural attrition. It is mainly staff positions which are planned to be cut.

Unions have expressed their concern. Trade union CNV Vakmensen is worried about a potential increase of work pressure at the company, as the same workload would have to be managed by fewer people.


  • 24 October 2022: Het Financieele Dagblad (fd.nl)


Eurofound (2022), Philips, Internal restructuring in Netherlands, factsheet number 107642, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107642.