Aviat networks inc approves restructuring plan

Aviat networks inc - approved restructuring plan in order to continue to reduce its operating costs and improve profitability.aviat networks inc - restructuring plan is anticipated to entail a reduction in force of about 45 employees.aviat networks inc - anticipated to entail reduction in force of about 45 employees to be implemented starting with q4 2020 through q2 2021.aviat networks inc - estimates that restructuring plan charges will be about $1.9 million.aviat networks inc - anticipates it will generate approximately $2.3 million in annual net savings.aviat networks inc - continue to analyze cost structure and evaluate other potential restructuring and cost reduction opportunities.
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