Lumentum layoff impacts 10% of global workforce: Reports

Samfiru Tumarkin LLP has learned that Lumentum, a leading designer and manufacturer of optical and photonic products, is allegedly reducing its workforce by 10 per cent as part of a global restructuring plan.

With a reported employee count of 7,500, this reduction, if true, means approximately 750 individuals could be impacted.

Lumentum’s Ottawa office, which employs over 300 staff, may also be affected by these changes. These reports have not yet been confirmed.

Headquartered in San Jose, California, Lumentum is known for its contributions to optical networks and laser technology.

This isn’t the first time that the company has scaled back its staffing levels. Layoffs were also reported last year and in 2021.

Lumentum’s main competitor in the industry is Coherent.

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