Location of affected unit(s):
Germany and other unspecified countries worldwide
Manufacture of electrical equipment
27.4 - Manufacture of electric lighting equipment
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Employment Effect Start:
Foreseen End Date:
Osram, a German lightbulb and LED lightning units producer, will reduce its headcount by 4,700 employees by 2014. The company will close factories worldwide to attain that goal. Osram is responding to changes in its market and is moving away from producing traditional lightbulbs.
Osram is part of the Siemens, a group itself going through a restructuring. Part of that reorganisation is a spin-off of Osram.