Of the 233 employees at the site, 133 from the production workforce, support staff and management team will lose their jobs.
The Hamilton factory currently manufactures outdoor luminaires and low-pressure sodium (SOX) lamps. Philips said nine product families which ‘no longer meet market demand’ are being phased out, while production of all other luminaires will be transferred to factories elsewhere in Europe.
However, manufacturing of SOX lamps will continue at Hamilton – one of the only places in Europe still to produce the technology.
Philips said in statement: ‘In order to remain agile and competitive in an economic environment that continues to be challenging, Philips is improving operational efficiencies across the globe.
‘As a result we have informed the workforce at our Hamilton facility that we are proposing to phase out the production of luminaires at the facility during the first half of 2014, with a number of product lines being transferred to other sites.
‘Reductions in workforce are always difficult and Philips is committed to providing affected employees with as much help, information and support as possible.’
Last year forty people at the Hamilton site took voluntary redundancy, as production was moved to Poland.
Central Scotland MSP Siobhan McMahon has described the job losses as ‘a devastating blow’ for workers and for the local economy.