Employment

The total number of Philips Group employees (continuing operations) was 105,365 at the end of 2014, compared to 105,637 at the end of 2013. Approximately 36% were employed in the Lighting sector, 35% in the Healthcare sector and approximately 16% in the Consumer Lifestyle sector.

Philips Group
Employees per sector in FTEs at year-end
2012 - 2014
 
2012
2013
2014
Healthcare
37,460
37,008
37,065
Consumer Lifestyle
16,542
17,255
16,639
Lighting
41,757
38,671
37,808
Innovation, Group & Services
11,697
12,703
13,853
Continuing operations
107,456
105,637
105,365
Discontinued operations
10,631
10,445
8,313
Philips Group
118,087
116,082
113,678

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Compared to 2013, the number of employees in continuing operations decreased by 272. The decrease reflects industrial footprint rationalization at Lighting, divestments at Healthcare, and a reduction in third-party workers at Consumer Lifestyle, partly offset by the consolidation of the General Lighting Company (GLC) acquisition at Lighting and an increase in temporary workers in the IT Service Units at IG&S.

Approximately 52% of the Philips workforce was located in mature geographies, and about 48% in growth geographies. In 2014, the number of employees in mature geographies decreased by 1,733, mainly due to the company’s overhead reduction program and the industrial footprint reduction at Lighting. Growth geographies headcount increased by 1,461, largely driven by the GLC acquisition in The Kingdom of Saudi Arabia (KSA).

Philips Group
Employees per geographic cluster in FTEs at year-end
2012 - 2014
 
2012
2013
2014
Western Europe
29,803
28,944
29,105
North America
25,375
24,401
22,283
Other mature geographies
3,304
3,419
3,643
Mature geographies
58,482
56,764
55,031
Growth geographies
48,974
48,873
50,334
Continuing operations
107,456
105,637
105,365
Discontinued operations
10,631
10,445
8,313
Philips Group
118,087
116,082
113,678

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Philips Group
Employment in FTEs at year-end
2012 - 2014
 
2012
2013
2014
Balance as of January 1
125,240
118,087
116,082
Consolidation changes:
 
 
 
Acquisitions
909
1,506
Divestments
(1,024)
(705)
(247)
Changes in discontinued operations
(3,545)
(186)
(2,132)
Other changes
(3,493)
(1,114)
(1,531)
Balance as of December 31
118,087
116,082
113,678

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In 2015, the number of employees is expected to remain broadly in line with 2014, with increases from our acquisition of Volcano Corporation to be offset by reductions from footprint-related initiatives.

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Mature geographies are the highly developed markets comprising of Western Europe, North America, Japan, South Korea, Israel, Australia and New Zealand.

Growth geographies are the developing geographies comprising of Asia Pacific (excluding Japan, South Korea, Australia and New Zealand), Latin America, Central & Eastern Europe, the Middle East (excluding Israel) and Africa.

CO2-equivalent or carbon dioxide equivalent is a quantity that describes, for a given mixture and amount of greenhouse gas, the amount of CO2 that would have the same global warming potential (GWP), when measured over a specified timescale (generally 100 years).