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Signify

Global lighting company delivering connected illumination

Product Development Manager

Full-TimeUpdated
No salary listed
Senior
Bachelor's, Master's, MBA
Monterrey, Nuevo Leon, Mexico
In PersonOn-site in Monterrey; travel 20–30% domestically and internationally across Mexico and Latin America.
ProductProduct Management

About the job

Requirements
  • A bachelor's degree in Business, Marketing, Engineering, or a related field is required.
  • At least 5 years of experience in Product Management, Product Marketing, Category Management, or Business Development, including portfolio management, commercialization, pricing, and go-to-market strategies.
  • Strong expertise in product lifecycle management, market analysis, business case development, pricing, profitability, and regulatory compliance with NOM, FIDE, and PAESE is required.
  • Advanced Excel and PowerPoint skills are required.
  • Fluency in English and Spanish is required.
  • Willingness to travel 20–30% domestically and internationally across Mexico and Latin America is required.
  • Strategic and commercial orientation, analytical skills, project management skills, communication skills, stakeholder influence, and cross-functional leadership skills are required.
Responsibilities
  • Develop portfolio strategies and product roadmaps for Mexico and selected Latin American markets, managing the full product lifecycle from opportunity identification through launch and profitable growth.
  • Identify market opportunities through customer insights, competitive analysis, and channel feedback; develop business cases, financial models, and expansion initiatives.
  • Define pricing, positioning, and go-to-market strategies; monitor sales, market share, and profitability to drive market penetration and sustainable growth.
  • Oversee product certifications and compliance with NOM, FIDE, PAESE, and other applicable industry standards and market-entry requirements.
  • Lead product commercialization projects in collaboration with Sales, Marketing, Engineering, Operations, and Supply Chain; engage customers and channel partners while providing technical and commercial expertise.
Desired Qualifications
  • MBA or postgraduate studies are preferred.
  • Lighting, electrical, industrial, or construction industry experience is preferred.
  • Knowledge of CRM or ERP systems is preferred.
  • Portuguese is a plus.

About the company

Signify uses lighting as an interconnected system for homes, businesses, and cities, with products like Hue, WiZ, professional fixtures, and horticultural lighting. Its systems run on IoT-enabled devices and software that control, monitor, and automate lighting via apps, hubs, and building-management integrations. The company distinguishes itself through a long history, a large consumer and professional ecosystem, and a broad product range from street lighting to indoor and agricultural lighting, plus growth through strategic acquisitions. Its goal is to unlock the potential of light to improve everyday life and support sustainability at scale.

Company Size

10,001+

Company Stage

IPO

Headquarters

Eindhoven, Netherlands

Founded

2016

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Simplify's Take

What believers are saying

  • June 2026 Silicon Labs collaboration broadens Hue interoperability without sacrificing premium features.
  • Q2 2026 free cash flow stayed positive at €35 million despite softer sales.
  • Mercedes AMG Petronas F1 and Sports Live keep Signify visible with fans.

What critics are saying

  • Q2 2026 comparable sales fell 3.6%, led by weaker Professional and OEM demand.
  • January 2026's €180 million restructuring cuts 900 jobs, hitting morale through 2027.
  • If Hue loses Matter relevance, Signify becomes a commodity lamp maker with shrinking margins.

What makes Signify unique

  • Philips Hue still owns the premium smart-lighting brand, now adding dual Zigbee-Matter bulbs.
  • Signify pairs consumer, professional, and horticultural lighting across 70-plus markets.
  • Its hardware-software stack enables effects like Sports Live and Hue Sync.

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Benefits

  • Professional Development Budget
  • Employee Discounts

Growth & Insights and Company News

6 month growth

3%

1 year growth

2%

2 year growth

2%
Yahoo Finance
Aug 14th, 2026
Asia-Pacific lighting fixtures market surpasses $58B driven by Havells' $787M revenue and smart LED shift

The Asia-Pacific lighting fixtures market has surpassed $58 billion in production value, according to a new CSIL report. China leads regional production, followed by Japan and India, with exports accounting for approximately half of total output. Key market drivers include urbanisation, energy-efficiency mandates, and growing adoption of smart LED systems. Havells India reported revenue growth of 18.9% to ₹6,572 crore, whilst Beacon Lighting Group achieved record half-year sales of A$176.3 million. The 244-page study analyses residential, professional, and outdoor lighting applications across 13 regional markets. It includes historical data from 2019 to 2024 and forecasts through 2027. North America remains the primary export destination. Vietnam has emerged as the region's second-largest lighting fixtures exporter. Major manufacturers including Signify, Opple Lighting, and Panasonic Lighting continue expanding smart lighting capabilities as LED technology adoption nears completion.

PR Newswire
Jun 23rd, 2026
Signify brings concurrent Matter and Zigbee support to Philips Hue bulbs via Silicon Labs

Signify and Silicon Labs have announced a collaboration to bring concurrent multiprotocol communications to select Philips Hue smart bulbs, enabling support for both Zigbee and Matter over Thread simultaneously on a single device. The new Philips Hue bulbs leverage Silicon Labs' MG26 and SiMG301 wireless SoCs to deliver greater flexibility whilst maintaining advanced features like dynamic scenes, entertainment synchronisation and automation capabilities. The technology allows consumers to integrate bulbs into leading smart home ecosystems for everyday controls whilst accessing premium Hue-specific functionality. Select Philips Hue smart bulbs using the Silicon Labs technology are available now or being introduced across product lines. Whilst products currently require choosing Zigbee or Thread at commissioning, a software update enabling concurrent operation will launch later this year.

PR Newswire
May 6th, 2026
Signify launches Sports Live smart lighting that syncs with real-time match events for Championship 2026

Signify has launched Sports Live, new software for its Philips Hue and Philips Smart Lighting systems that uses live match data to trigger real-time lighting effects during football matches. The system responds to key moments such as goals and cards, synchronising home lighting with on-pitch action. The software connects to a live sports data API and adjusts for broadcast delays. During quieter periods, lights display team colours or warm white when scores are tied. Setup takes minutes through the Philips Hue or WiZ app, with no additional hardware required. Sports Live begins rolling out in May, with full release in June 2026 ahead of Championship 2026. The system complements existing entertainment features like Hue Sync and works across single rooms or entire home zones.

Yahoo Finance
Apr 25th, 2026
Signify reports $93.8M adjusted EBITDA amid 5.1% sales decline and restructuring challenges

Signify NV reported a challenging first quarter for 2026, with comparable sales declining 5.1% amid softer demand and manufacturing overcapacity. Net income fell sharply to €8 million from €67 million in the prior year, impacted by restructuring costs. The company maintained a gross margin of 40.6% through disciplined pricing and cost management, whilst generating €47 million in free cash flow, up from €40 million previously. Working capital improved to 6.2% of sales from 7.2%. Sales declined across all business segments, with Professional down 3.7%, Consumer down 4.6%, and Conventional falling 17.9%. However, emerging markets including China and India showed growth, and the Consumer business experienced strong sell-out despite retail inventory adjustments. Adjusted EBITDA reached €83 million, representing 6.5% operational profitability.

Yahoo Finance
Mar 2nd, 2026
Signify repurchases 127K shares for $2.8M in share buyback programme

Signify, the world leader in lighting, repurchased 126,776 shares between 23 and 27 February 2026 at an average price of €20.11 per share, totalling €2.5 million. The buyback forms part of a programme announced on 13 February 2026. The company will use the shares to cover obligations from its long-term incentive performance share plan and other employee share schemes. To date, Signify has repurchased 266,276 shares under this programme for a total consideration of €5.3 million. Signify, listed on Euronext as LIGHT, reported sales of €5.8 billion in 2025 and employs approximately 27,000 people across over 70 markets.