Avaya plans job reductions to hit $250M cost-cut goal

seekingalpha2022-09-07

Avaya Holdings (NYSE:AVYA) is undertaking a number of cost-reduction steps, including job cuts. In an SEC filing, Avaya (AVYA) said it's authorized a reduction in force that will help add to a ...

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SentinelMax
2022-09-10
SentinelMax
Good Move, looking at the oast chart saw the results were horrible, right time to cut and overhaul the company to achieve for better performance and results in future.

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In an SEC filing, Avaya (AVYA) said it's authorized a reduction in force that will help add to a ...</p>\n\n<a href=\"https://seekingalpha.com/news/3880628-avaya-plans-job-reductions-to-hit-250m-cost-cut-goal\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"https://seekingalpha.com/news/3880628-avaya-plans-job-reductions-to-hit-250m-cost-cut-goal","article_id":"2265017678","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2265017678","pubTimestamp":1662500999,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Avaya Holdings (NYSE:AVYA) is undertaking a number of cost-reduction steps, including job cuts. 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It said it expects to recognize substantially all of the charges in the fourth fiscal quarter. Avaya shares pulled off a relief rally Tuesday, coming back from the long weekend with a 24% gain on volume that doubled its usual daily average. Avaya is down 83% in six months, but it's more than doubled over the past month. 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