More are planned for June/July time frame.
They are still NOT making money and any future profits will be very limited till they can shed some of the $9b debt and the interest pymts. They have destroyed what value was in Arris or the sale would have gone through in March.
Sry but Arris products are now cr-p and I buy NetGear. CS no longer has the position it once did and is no longer the primary supplier.
Not sure I understand all the doom and gloom here. Seems the C-suite is doing something right as the stock is close to $20, revenues were up in the 1st quarter, there's some buzz and excitement for DOCSIS 4.0 (upstream symmetry finally!), strong demand for their Network and Cloud as well as CPE products, etc.
I think the layoffs will start to wane as this train gets faster and faster leaving the station.
Anybody left at Arris will be gone. Doors to close.
Somebody must know something...