[Leica] Leica: 100 Jobs lost

[Nathan Wajsman]

If you can read German, there is a much longer article here:

https://www.handelsblatt.com/unternehmen/mittelstand/familienunternehmer/matthias-harsch-so-will-der-leica-chef-den-firmenumbau-meistern-/24461078.html?ticket=ST-4506393-74Js3nPvHStgiunMebup-ap6

While Leica denies that Huawai’s problems have anything to do with it, it does not sound entirely believable given the close cooperation and the decline in Huawei smartphone sales reported yesterday. But the Leica boss also talks about the “second digital revolution” where the quality of the picture is determined more by software than by the quality of the optics, which of course means that Leica’s core strength becomes less important. He does claim that they will hire up to 40 software people, which is why he claims that it is a strategic shift and not just a cost cutting round.

There is also talk about a possible return to the stock market—and in this context a cost reduction makes a lot of sense.

Cheers,
Nathan

Nathan Wajsman

Alicante, Spain
http://www.frozenlight.eu <http://www.frozenlight.eu/>
http:// <http://www.greatpix.eu/>www.greatpix.eu
PICTURE OF THE WEEK: http://www.fotocycle.dk/paws <http://www.fotocycle.dk/paws>Blog: http://nathansmusings.wordpress.com/ <http://nathansmusings.wordpress.com/>

Cycling: http://www.crazyguyonabike.com/belgiangator <http://www.crazyguyonabike.com/belgiangator>

YNWA













> On 19 Jun 2019, at 05:34, Frank Filippone via LUG <lug at leica-users.org> wrote:
> 
> 
> As a part of a restructuring process, Leica will eliminate 100 out of the 800 jobs in the company's headquarters:
> 
> 
> 
> 
> And now are even up to 100 eliminated more than 800 jobs at its headquarters as the "Wetzlarer Neue Zeitung" learned. "This is not a degradation, but a reconstruction program," the 53-year-old says with its distinctive horn-rimmed glasses. With the uncertainty in partner Huawei has nothing to do , assures Harsch. One must wait and see how the developing anyway once.
> 
> Rather is the conversion result of profound changes in the market. "We are facing the second digital revolution in the camera business" Leica must quickly adapt it to secure leadership in innovation and location, says Harsch. (Google translation)
> 
> 
> 
> Read more: https://leicarumors.com/2019/06/18/leica-to-eliminate-100-jobs-in-germany-leica-phone-mentioned-again.aspx/#ixzz5rGH8XmT4
> 
> 
> Frank Filippone Red735i at verizon.net
> 
> _______________________________________________
> Leica Users Group.
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