LEDVANCE Cuts 90 Jobs at Massachusetts Headquarters

Innovative lighting manufacturer LEDVANCE on November 2nd released an update saying the company laid off 90 employees at the headquarters in Wilmington, Massachusetts, reported tED magazine.

(Image: PR Newswire)

A mail notification from the head of Media Relations, Americas, LEDVANCE, explained that the company has let go of around 6% of its staff in the U.S. after a thorough examination of its internal structures in order to better implement business transformation.

The layoff of 90 jobs was mainly at LEDVANCE’s headquarters in Wilmington, Massachusetts.

LEDVANCE expressed its gratitude towards those impacted employees and their contribution to its customers and is supporting them through the layoff which the company said was a difficult decision but necessary to achieve future success.

Seeing the focus of lighting market is shifting from traditional to LED lighting, LEDVANCE said it would continue to strengthen its LED business with new and innovative products, at the same time also maintaining its presence in traditional lighting despite a shrinking market.



Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Foreverlamp has expanded its award-winning LED Lamp Series with a new Industrial replacement lamp. The new J Series provides a powerful LED replacement for up to 400W MH lamps that operate in dusty and harsh indus... READ MORE

Cree announces the commercial availability of the XLamp® XD16 LED, the industry’s first Extreme Density LED, which delivers up to 5 ½ times higher lumen density than Cree’s previous generation of high power LEDs.

READ MORE