Avaya Layoffs: US-Based Tech Company Lays Off Several Employees in Its Latest Round Amid Ongoing Struggles
US-based tech company Avaya, after facing two bankruptcies in past seven years, has laid off more people in its latest round of job cuts. The number of employees affected by new Avaya layoffs round could be known but report said it might be much larger.
New Jersey, November 8: US-based tech company Avaya LLC has reportedly initiated a new round of layoffs, cutting more jobs amid the tech layoffs of job cuts in tech industry this year. Avaya provides cloud communications and workstream collaboration services, and it produces and sells its own products like desktop phones, conference phones, and headsets, among others. According to a report, the recent round of Avaya layoffs was introduced on November 6, 2024, a day after the US Presidential Elections 2024.
According to a report by UC Today, the Avaya layoffs in July 2024 affected around 180 employees. This round reduced the company's 3% of the workforce in the month. The report said that recently, one of the employees from Avaya posted on LinkedIn that she was laid off after serving the company for a very short period. The person wrote about joining the company in June 2024. TikTok Layoffs Coming? Canada Orders Shutdown of Offices of ByteDance-Owned Short-Video Platform Over Security Risks, But Allows To Continue Service.
The employee expected to serve a little more time with the company but ended up being laid off recently. Despite getting sacked, the person reportedly explained about proudly doing the work for the time served. The report mentioned that the layoffs began in June when the company started restructuring Europe, the Middle East, the South-Asia region, and the new Americas.
The report highlighted that Avaya had also laid off a significant workforce back in 2022. However, the company termed the layoffs part of its restructuring efforts. However, an Avaya spokesperson confirmed the layoffs initiated in June 2024. The report said that the recent round of job cuts was believed to be larger than the previous one. However, the report did not provide the exact number of affected people. Tech Layoffs 2024: Samsung, Mozilla, X, TikTok, Qualcomm and Others Significantly Reduce Their Workforce This Year, Thousands of Employees Lose Jobs.
Avaya President and CEO Alan Masarek announced his sudden retirement at the end of 2024 before the layoffs. He joined the tech company as CEO in 2023 to guide it out of bankruptcy and oversee the change of guard in its C-Suite, which includes senior executives and managers. On September 1, 2024, Patrick Dennis took over the position and became CEO to handle the company's operations.
(The above story first appeared on LatestLY on Nov 08, 2024 03:24 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).