OSRAM’s Siteco to Shed 200 Jobs in Germany

More than 200 staff at Osram’s Siteco Beleuchtungstechnik factory in Traunreut, Germany are to lose their jobs, with those working in administration, logistics and production, most affected.

Siteco manufactures indoor and outdoor lighting systems for commercial and some retail customers, and was acquired by Osram in 2011. The plant in Traunreut currently employs more than 1,000 people.  Read more.