Siemens AG, Munich, Germany, clarified plans for a spin-off of its Osram lighting business in preparation for an independent listing on public exchanges. The company also plans to reduce its Osram workforce by 4,700 workers, most through sales of production plants and the closing of smaller plants with lower sales and facilities producing lighting products nearing the end of their product life cycles. At the same time, Osram will invest in staff increases in markets and product lines that ...
Subscribe for access to premium content on electricalmarketing.com
Electrical Marketing is the electrical industry’s best source for breaking news and the inside scoop on new market opportunities, industry execs on the move, market analysis and other news you need to run your business. In minutes, you can subscribe to our premium content online.
Upon registration, a user name and password will be emailed to you.
