The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.4 - Manufacture of electric lighting equipment
105 jobs Number of planned job losses
Announcement Date
25 June 2014
Employment effect (start)
25 June 2014
Foreseen end date
31 December 2014
Description
German light bulb manufacturer Osram is to cut 105 jobs at its site in Augsburg until the end of the year. As reported, 235 jobs have already been lost at the site since 2012. Augsburg predominantly manufactures traditional lamps. The 105 employees will be offered a social plan including severance payment.
According to the sources, the job reduction measure is a response to the changing lighting market.
Osram is a worldwide operating company with around 35,000 employees. In 2012, it announced a job reduction plan envisaging 4,700 job cuts. In Germany, the company's sites in Berlin, Wipperfürth, München and Traunreut were affected (see Osram-DE2013 and Osram-DE2012).
Sources
25 June 2014: Bayerischer Rundfunk
27 June 2014: B4B Schwaben
Citation
Eurofound (2014), Osram, Internal restructuring in Germany, factsheet number 77254, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77254.
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