EMCC European Monitoring Centre on Change

Siteco

Company/Organisation:
Siteco

Geographic Location

Country: Germany
Region: Traunstein; Oberbayern; Bayern
Location of affected unit(s): Traunreut

Company

Sector: Manufacturing
Manufacture of electrical equipment
27.40 - Manufacture of electric lighting equipment
Number Employed: 1000
Group: Osram

Employment Effects

Announcement Date: 11-10-2013
Planned Job Reductions min: 200
Planned Job Reductions max: 200
Type of Restructuring: Internal restructuring
Employment Effect Start: 12-10-2013
Foreseen End Date: 31-12-2015
Direct Dismissals: 200

Additional Information

Siteco Beleuchtungstechnik, a subsidiary of lighting manufacturer Osram, is to cut 200 jobs in Traunreut (Bavaria) until the end of 2015. Job reductions are to mainly affect production and administration. Logistics will be outsourced to a service company.

The measure is to increase competitiveness within the cost intensive luminaires business. According to company officials, cuts will follow a social plan.

In total, Siteco employs 1,000 workers in Germany. Munich-based Osram employs about 39,000 staff worldwide. For former restructuring at Siteco mother company Osram see WO2012, DE2012/1 and DE2012/2.