ams boss suggests job cuts after Osram takeover – Styria –

ams and Osram are to become one company

The head of the Styrian chip manufacturer ams, Alexander Everke, has indicated a job cut after the takeover of the German lighting group Osram. “As we work towards synergies, there will also be fewer employees overall,” said Everke in an interview with the “Süddeutsche Zeitung” (SZ).

“However, I cannot tell you the exact figures today. In the medium term, however, we want to grow and create jobs. Since we want to grow to become one of the largest manufacturers of optical sensors, we will also probe further acquisitions,” continued the ams boss.

Everke again denied any doubts about the financing of the takeover of the German lighting group Osram. “The environment is very difficult, but we are financially well positioned in the corona crisis, our quarterly figures have been very good recently and the outlook for the current quarter is also good. The financing is solid, although some say otherwise.”

ams and Osram would “become a company as quickly as possible, that is our goal,” said the ams boss. “The headquarters will be in Styria in Austria, the co-headquarters in Munich. Munich will remain important, there are many good employees here.”


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