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Hello. Synopsys is set to slash 10% of its workforce, cutting approximately 2000 jobs worldwide. According to regulatory filings, layoffs will begin immediately and continue into fiscal year 2027, as the company looks to refocus on growth areas and “drive business efficiencies.”
“This acquisition was the worst thing for us,” a comment read on the comment board from an Ansys employee who’s laid off.
Separately, Viavi’s director, Keith Barnes, sold off $2.2 million worth of company stocks at $18.04 to $18.26 per share — price that some analysts are calling “overvalued”. Over the past year, Viavi’s stocks have shown steady performance with a return of 73%, and hovering close to $18.46, its 52-week high.
Test & Measurement Top Stories
A pocket-size Wi-Fi analyzer: Ookla has launched a new compact Wi-Fi performance analyzer that allows for quicker resolution of Wi-Fi issues in homes and offices.
Synopsys cuts jobs: Synopsys will lay off 10% of its workforce following acquisition of Ansys as part of a restructuring plan.5G expansion in Canada: Across Saskatchewan, SaskTel is rolling out Samsung’s cloud-native 4G and 5G Core, a move to modernize its wireless infrastructure.
T&M Today: What You Need to Know
An affordable GNSS simulator: Spirent introduced PNT Xe, a compact, easy-to-set-up global navigation satellite system (GNSS) simulator at an “entry-level price point”.
EDA tools deliver 30% better performance: A subsidiary of SiCarrier, Qiyunfang, has reportedly introduced electronic design automation (EDA) tools that deliver 30% better performance over industry benchmarks, and cut hardware development time by 40%.
A strong quarter: RADCOM’s financial results for the third quarter show strong year-over-year growth — and the highest operating margin since 2018.
A multi-million dollar move: Viavi’s director, Keith Barnes cashes in 100,000 company stocks for $2.2 mil as shares edge towards its 52-week high.
Precision Unveiled: At an event hosted at the North Carolina Museum of Arts, Tektronix — a Raliant company — unveiled new oscilloscopes and highlighted AI and edge computing’s role in shaping the future of the T&M industry.
AES expands footprint: Manufacturer of cleanroom environments for semiconductors, battery production, and AI infrastructure, AES Cleanroom Technology, opens a new office in North Carolina for life sciences and biotech, strengthening its presence in the sector.
