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Osram says SLS Restructuring in North America to Affect 900 Jobs

from Bloomberg

Osram Licht AG, a former unit of Siemens AG, said a restructuring of its traditional lighting maintenance business Sylvania Lighting Services in North America will affect about 900 jobs. The company will discontinue a "significant part" of its locations in the U.S. and Canada in the next six months as it focuses on energy-efficient solutions, the Munich-based company said in an emailed statement. more


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