MARCH 24, 2024 — 109 TEXAS EMPLOYEES
The company has announced the closure of its San Marcos, Texas, manufacturing facility and the layoff of 109 employees, including 69 production workers, 12 engineering jobs, 10 in supply chain management, and 9 in warehouse operations, starting in May 2024. Production will be moved to facilities in Camargo, Mexico, and Littlestown, Pennsylvania.
MAY 16, 2018 — COMPANY REBRANDS AS SIGNIFY
Somerset, New Jersey – Signify, the world leader in lighting, has today launched its new company name, following the amendment of the company’s articles of association changing its name from Philips Lighting to Signify.
The choice of our new company name originates from the way light has become an intelligent language, which connects and conveys meaning. It is a clear expression of our strategic vision and purpose to unlock the extraordinary potential of light for brighter lives and a better world."
APRIL 25, 2018 — MASS LAYOFFS AS COMPANY RELOCATES TO MONTEREY, MEXICO
Netherlands-based Philips Lighting is relocating its product development and production operations from their Fall River, Massachusetts facility to Monterrey, Mexico, and laying off approximately 160 employees in the restructuring.
Phillips acquired the plant in 2008 through an acquisition of the parent company of Lightolier, the iconic manufacturer of residential and commercial chandeliers.
All manufacturing operations are scheduled to cease in the first quarter of 2019. The company’s research and development activities are scheduled to be moved to their Canadian facility in Boisbriand, Canada. An unknown number of non-manufacturing positions will remain on-site at this time.
According to Philip’s spokesperson, Melissa Kanter …
“The layoffs are a difficult but necessary step to maintain Philips' competitiveness in the marketplace. The lighting industry is transforming at an accelerated rate. We first saw the shift from conventional lighting to LED and now we are seeing the shift towards systems and services where lighting is being used as an information pathway in cities, offices, retail, and the home. This is against a backdrop of increased competition in the market. This decision, while difficult, is part of our plan to drive operational excellence enabling the company to optimize production and supply in order to remain competitive and provide our customers with the service and quality that they expect from us."
We are beginning to see lighting products incorporated into local area networks that are capable of carrying both device instructions and generalized internet data within a confined area.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?