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Stock impact report

Viavi Restructuring Targets Savings To Fund Data Center And Defense Growth [Yahoo! Finance]

Viavi Solutions Inc. (VIAV) 
Last viavi solutions inc. earnings: 2/4 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Viavi Solutions (NasdaqGS:VIAV) announced a restructuring initiative that includes a 5% reduction of its global workforce. The company plans to rationalize facilities to streamline operations and reduce overhead. The changes are expected to generate about US$30 million in annual cost savings. Management intends to redirect those savings into data centers and aerospace and defense, areas it views as having higher growth potential. Viavi Solutions focuses on network testing, monitoring, and assurance products used by telecom operators, data centers, and enterprise customers. The current move comes as connectivity, cloud infrastructure, and defense communications remain areas of heavy investment, putting more attention on suppliers that can serve these use cases. For investors, the shift in spending priorities at NasdaqGS:VIAV helps clarify which segments the company is emphasizing. Looking ahead, the restructuring and reinvestment plan could reshape Viavi Solutions' revenue m Show less Read more
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