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[Reuters] Osram to cut almost 8,000 jobs in switch to LED #73232 07/29/14 11:54 AM
Joined: Jan 2007 Posts: 41,392 U UGN Security OP News Aggregator
OP UGN Security News Aggregator U Joined: Jan 2007 Posts: 41,392	BERLIN (Reuters) - German lighting maker Osram Licht AG announced late on Tuesday plans for a new savings program that will include almost 8,000 job cuts, or around 23 percent of its staff, as it seeks to keep up with a shift in technology. Source

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