During the annual shareholders' meeting, the investors' association VEB sharply criticized Philips' management over its handling of the defective sleep apnea device scandal. Representing more than 25,000 private investors, the VEB described the fallout as one of the most significant damages in corporate history.
Based on reporting by ad. Translated and condensed by LocalHeadlines.
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The Dutch Enterprise Chamber has dismissed a request for an inquiry into Philips concerning the company's communication about a major sleep apnea device recall in 2021. The court ruled that there were no sufficient grounds to justify an investigation into the firm's disclosures to investors.
Haarlem is assuming significant financial risk by providing a 100 million euro guarantee and committing to purchase the current hospital site for 25 million euros to keep the Spaarne Gasthuis in the city. The initiative ensures 24-hour emergency care remains in Haarlem, though the city has deferred requirements for building staff housing.
Care organization Levvel has ended its intake freeze for Amsterdam youth following successful negotiations to secure more beds for those in need of severe residential care. While access has been restored, the municipality is demanding better coordination among providers and has initiated an independent financial audit of Levvel to ensure future stability.
Absenteeism due to mental health issues rose by 7.1 percent between 2024 and 2025, even as overall sick leave declined. These long-term absences, particularly prevalent among women, are expected to worsen labor market shortages in the coming years.
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