Last month, Ribbon Communications rolled out a reorg & restructuring initiative, including job cuts, the plan is to to streamline its operations and improve delivery.
Official Statement by the company PR:
“At this point our focus is on the refinement of our research and development activities and consolidation of excess and duplicative facilities … and being in a stronger position to better serve our global customer base. We expect savings realized from these consolidation efforts to be reinvested in strengthening R&D and other activities.”
There will be a $6 million in restructuring expense associated with workforce reduction initiatives.
Ribbon is consolidating Ribbon’s north Texas site into a single campus housing engineering, customer training and support, and administrative functions, and a reduction or elimination of certain facilities elsewhere. In addition, it plans to consolidate its global software laboratories and server farms into two, lower-cost North American sites.