Avaya's Global Layoffs Continue Under New CEO Patrick Dennis
Avaya, a global communications company, is reportedly undergoing another round of layoffs, following a significant wave in November 2023. The latest news is that these job cuts are impacting regions outside the US, particularly Europe, Middle East, and India, although exact numbers remain unconfirmed. This comes as the company's new CEO, Patrick Dennis, focuses on the global 1,500 enterprises, mostly based in the US.
Avaya's operations outside the US may face continued downsizing under Dennis' new strategy. Former employees have reached out to those affected by the news, expressing sympathy and support. The current round of layoffs is believed to be the first under Dennis' leadership, following a large round in November 2023.
Avaya's strong presence in the FTSE 100 and streamlined proposition could help it realign its financial priorities for success. However, the company has faced challenges in recent years, including a Chapter 11 insolvency in 2023, which led to worldwide restructuring and job cuts. Despite these challenges, Avaya continues to operate globally, with a focus on enterprise communications solutions.
Avaya's latest news is that these layoffs are impacting regions outside the US, with Europe, Middle East, and India being the most affected. The company's new CEO, Patrick Dennis, is focusing on the global 1,500 enterprises, mostly based in the US. Avaya's strong foothold in the FTSE 100 and streamlined proposition could help it navigate these challenges and realign its financial priorities.
