UGN Security
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UGN Security
[Reuters] Osram to cut almost 8,000 jobs in switch to LED
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07/29/14
06:54 PM
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.
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