Ao Debao lighting plans to lay off 600 people

According to news, in order to compete against Asian competitors and improve product gross margins, Austrian lighting giant Ordberg Lighting plans to cut 600 jobs, accounting for about 8% of the company's total number of positions. The company hopes that this will help double the profit from 2016 to 2017. At the same time, in order to reduce expenses, Ouldberg Lighting CEO Ulrich Schumacher said at an investor's briefing on April 2: â€œThe company now has only two routes, either to close the US production line or to seek new partners. â€

Ulrich Schumache said that layoffs will be gradually implemented through the merger of factories and sales departments in the next few quarters. According to him, the restructuring plan is expected to increase EBIT (EBIT) from 4% in 2014 to 5-6% in 2015, and 2016-2017 is expected to increase OFweek's semiconductor lighting network to 8-10%. . Ordberg Lighting plans to lay off 600 employees or close US factory

European lighting manufacturers, including Osram, Philips and Audeborg, have recently fallen into a melee battle with Asian competitors. Unlike Asian manufacturers such as Samsung Electronics and Toyota Synthetics, they are experiencing a painful transition from traditional lighting business to new LED lighting.

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