[King_of_orchid_growing:)]

If the flower spikes are still intact that is a baby Phal growing from one of them so leave those on the plant. Your Phal is "bailing out" it is trying to preserve itself by producing a new baby Phal from the flower spike. The mother plant may not live much longer, but there's a tiny chance it still may.

I generally never cut off any of the flower spikes of all of my orchids until I'm absolutely certain the flower spikes have dried out and will never again produce any flowers or baby orchids period. Flower spikes on many species produce flowers repeatedly from the same spike.