Market Currents
Siemens (SI) lighting unit Osram has agreed to sell its traditional lighting production...
-
Thursday, March 7, 5:12 AM ETSiemens (SI) lighting unit Osram has agreed to sell its traditional lighting production operations in Shaoxing in China in a deal that will cut the firm's headcount by 2,000. The move is part of Osram' plan to reduce staff by 8,000 by the end of 2014 and slash €1B in costs by 2015; it comes ahead of Siemens spinning Osram off. (PR)
Other date
Latest Articles
