Valens Semiconductor Cuts 10% of Workforce in Efficiency Move

Reuters01-28
Valens Semiconductor Cuts 10% of Workforce in Efficiency Move

Valens Semiconductor Ltd. has announced an operational efficiency plan that includes a reduction of approximately 10% of its workforce across various departments. The initiative aims to sharpen the company's focus on its strongest business segments and maintain financial stability. The workforce reduction is expected to save about $5 million annually in operating expenses, with the plan scheduled for completion during the second quarter of 2026. CEO Yoram Salinger emphasized the company's commitment to supporting impacted employees during the transition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Valens Semiconductor Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: LN70924) on January 28, 2026, and is solely responsible for the information contained therein.

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