Eindhoven, Netherlands-based Signify, formerly known as Phillips Lighting, a world leader in lighting products, systems, services, and software, plans to cut 700 jobs out of its global workforce. Impacted will be approximately 135 employees at its production facility in Tupelo, Mississippi, begin in April 2021 and be completed by December 2021.
Manufacturing work previously done in Tupelo will transition to facilities in San Marcos, Texas, and Monterrey, Mexico,
According to a company spokesperson, “The decision has not been taken lightly but is necessary with the ongoing transformation in the lighting industry. Signify will support its affected employees through the transition, and provide resources and training to assist them through this difficult period and set them up for future success.”
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?