Internal restructuring
Location of affected unit(s)
the Netherlands, the US
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27.40 - Manufacture of electric lighting equipment

700 jobs
Number of planned job losses
Job loss
Announcement Date
28 January 2021
Employment effect (start)
28 January 2021
Foreseen end date


Dutch lighting company Signify has announced that it will cut 700 jobs worldwide, including 250 positions in the Netherlands. The dismissals will be carried out at different units across the globe, including Mississippi in the United Stated, where Signify is to close a plant and cut 135 jobs. The restructuring programme is related to the COVID-19 pandemic, as the company registered a drop in demand for lighting systems, and does not expect the market to be back at pre-pandemic sales' level until 2023.

Signify, previously Phillips Lighting, is the world’s biggest provider of lighting for professionals and consumers. Globally, the company is present in over 70 counties and employs 37,000 staff.



Eurofound (2021), Signify, Internal restructuring in World, factsheet number 103531, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/103531.