Headlines Sunglass Maker to Cut 295 Jobs and Close Most of Its Daytona Beach Operations It’s being integrated into the Luxottica profile. Published 1 year ago on December 9, 2019 By INVISION Staff Share Tweet Sunglass maker Costa Del Mar plans to close most of its operations in Daytona Beach, FL, with 295 jobs to be cut in the process. The first job eliminations are set to take place on Feb. 7, the Daytona Beach News-Journal reports. Costa employs 350 people in Daytona Beach currently. In a letter to state, county and city officials, the company cited “changing business needs” as the reason for its decisions. “Certain sales and marketing functions” will remain in Daytona Beach, the newspaper reports, quoting the latter. The layoffs will continue through the end of September. WESH-TV reports that jobs are being moved to New York and California. Advertisement Costa was acquired by Essilor in 2014. Last year, Essilor merged with Luxottica, with the combined company being called EssilorLuxottica. According to WESH, the company said that Costa is “an incredibly special and unique brand” and that “we see great growth potential for it in the future.” “EssilorLuxottica’s decision to integrate Costa into the Luxottica profile will allow the brand to fully leverage on Luxottica’s strengths in everything from product innovation to manufacturing to supply chain to distribution networks, helping it reach its full potential,” the company said in the statement. Read more at the Daytona Beach News-Journal .#breaking @CostaSunglasses, company founded in #daytonabeach decades ago, will be closing majority of operations here over next 8 mos. notices went out to 295 affected employees this week. Some marketing & sales functions w remain but bulk moving to New York Atlanta & California pic.twitter.com/JPCjVlkrMN — claire metz (@clairemetzwesh) December 6, 2019 Advertisement Related Topics:Costa Del MarEssilorEssilorLuxotticaLatest News TopLuxottica click to Comment(Comment) Up Next Safilo Group Acquires 70% of Blenders Eyewear Don't Miss Kim Kardashian Eyewear Deal to End Early Amid Disappointing Sales INVISION Staff Since launching in 2014, INVISION has won 23 international journalism awards for its publication and website. Contact INVISION's editors at [email protected]. Advertisement SPONSORED VIDEO SPONSORED BY ESSILOR Ray-Ban® Authentic Introducing the perfect match of Ray-Ban's legendary style and Essilor's Expertise in sight. Click here for more information. You may like GlassesUSA.com Raises $45M It’s 2021! What’s Your Focus? 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