VIENNA Dec 10 Austrian lighting group Zumtobel
will make adjustments to its headcount as it merges
its brands' sales and administrative teams but does not plan
mass cuts, it said.
"Of course there will be adjustments but we cannot tell you
right now the exact magnitude," Chief Executive Ulrich
Schumacher said on a conference call after first-half results on
Tuesday. "Mass... across-the-board cuts are not planned."
Schumacher, known as a tough manager in a previous job as
CEO of chipmaker Infineon, had said last month that
major job cuts were not part of his restructuring plan for
A company spokesman said a trend of improving orders from
the fiscal first to second quarters of this year was continuing,
clarifying earlier remarks by Schumacher that orders were
"astonishingly good" for the season.
(Reporting by Georgina Prodhan; Editing by Michael Shields)