Viasat revealed it intends to cut around 10 per cent of its global workforce as part of an ongoing integration following an acquisition of rival Inmarsat, a cost-saving move which will result in bolstering investments in space and ground technologies.
The satellite company noted the staff reduction will affect approximately 800 roles and is expected to save around $100 million in operating costs beginning in fiscal 2025.
Viasat added the plan will help it achieve a capex target of $1.4 billion to $1.5 billion in the same period.
President at Viasat Guru Gowrappan said the decision to cut its workforce is “a very difficult one” and that “it is not something we take lightly”, but added the move is aligned with the company’s goals to focus its spending toward growth opportunities.
The plan, Viasat believes, will enable it to prioritise ongoing investments in its technologies and assets that support customers’ needs, an ambition it also stated after sealing the Inmarsat deal.
At the time, the companies said they aim to combine assets including 19 satellites to deliver connectivity and key safety services across government, maritime, aviation and commercial segments.
The post Viasat to slash 800 jobs appeared first on Mobile World Live.
Commercials Cooperation Advertisements:
(1) IT Teacher IT Freelance
立刻註冊及報名電腦補習課程吧!
电子计算机 -教育 -IT 電腦班” ( IT電腦補習 ) 提供一個方便的电子计算机 教育平台, 為大家配對信息技术, 電腦 老師, IT freelance 和 programming expert. 讓大家方便地就能找到合適的電腦補習, 電腦班, 家教, 私人老師.
We are a education and information platform which you can find a IT private tutorial teacher or freelance.
Also we provide different information about information technology, Computer, programming, mobile, Android, apple, game, movie, anime, animation…
(2) ITSec
www.ITSeceu.uk
Secure Your Computers from Cyber Threats and mitigate risks with professional services to defend Hackers.
ITSec provide IT Security and Compliance Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training.
Contact us right away.
Email (Prefer using email to contact us):
SalesExecutive@ITSec.vip