their product life cycle or the closure of smaller plants with lower sales

Due to the fundamental change in the lighting sector, Osram had already announced in January 2012 that it would adjust its capacities and in doing so adjust its workforce both nationally and internationally by the end of LED high bay light. In implementing these measures some 1,900 jobs have already been reduced worldwide in fiscal 2012, of which 300 were in German locations.

With the newly defined measures the number of employees will be reduced further by 2014, particularly outside of Germany. Based on current plans – in addition to the 1,000 jobs already communicated in January – a further 400 jobs will be affected in Germany primarily related to the sites in Berlin, Wipperfürth and Munich. The measures in Germany and internationally are aimed at plants with products at the end of their product life cycle or the closure of smaller plants with lower sales. At the same time, Osram is aiming to restore profitability with efficient structures in production, research & development, sales as well as in central functions.

“We are consequently treading the path of corporate reorganization and in doing so are entering the digital lighting age. Compared to traditional products, the depth of our added value in LED-based products will be significantly reduced. Consequently, the personnel increase in the future fields will only partially compensate for the change in the traditional business,” said Wolfgang Dehen, CEO of OSRAM Licht AG.

Osram is building up capacities in future-oriented business areas. As such the company created 200 jobs in the past fiscal year in Germany alone. During the course of the year, the company also inaugurated a new halogen production line at its Eichst?tt location with construction of a second line already underway. Osram also jointly developed a future concept with employee representatives at its Augsburg site. Key aspects of this concept are the development of the location into a center of excellence for manufacturing processes of LED-based products or the expansion of the fluorescent lamp production. Osram will invest a low three-digit million euro figure over the coming years in its LED assembly plant in the Chinese province of Jiangsu. In the final completion stage, 1,700 employees will manufacture products for key segments of the Chinese market and entire Asian region. The region will already account for around half of the global general lighting market in five years’ time.