Lumenis CEO Dov Ofer: This was simply the result of an in-depth review of the company's operation.
Sources inform ''Globes'' that aesthetic laser surgical instruments maker Lumenis Ltd. has fired 25 employees in Israel, including company managers, amounting to 8% of its Israeli workforce. The company has 948 employees worldwide, including 310 in Israel. Lumenis is a private company after Shlomo Dovrat and Harel Beit-On led an investor group that acquired it.
Lumenis CEO Dov Ofer confirmed the report. He told "Globes", "This was simply the result of an in-depth review of the company's operation. We want to improve profitability, so we decided to restructure the company's operation in Israel." He said that most of the employees let go were operations, not R&D or sales staff.
Published by Globes [online], Israel business news - www.globes-online.com - on July 16, 2008
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