Umicore Optical Materials USA Layoffs
By: Jennifer Penate
Updated: January 22, 2013
All employees were offered severance packages. Representatives say Umicore cut back hours during the summer to avoid the job cuts but the shift changes weren't enough.
The lay offs come after a lowered demand in optical lenses used to produce renewable energy. Human resource heads say they recognize the impact of the job cuts but say it's a necessary move for the business.


