Arris to lay off 10% of its staff in its latest post-merger purge

Arris has confirmed that it will lay off approximately 10 percent of its global workforce, or about 800 staffers.

"We are looking across the entire scope of the Arris enterprise to identify areas where we can find cost savings, eliminate redundancies, and increase shareholder value," said Arris spokesman Jeanne Russo. "With this in mind, we have a headcount reduction goal of about 10 percent worldwide. We understand how hard these changes will be for the employees concerned and are committed to helping them through this difficult transition."

The announcement comes just seven weeks after Arris closed on its $2.1 billion acquisition of rival Pace.

Last week, the company reported a 12.7 percent decline in fourth-quarter revenue, driven in large part by declines in CPE orders from AT&T U-verse.

In June 2013, Arris laid off 500 employees, slightly more than two months after closing its $2.35 billion acquisition of Google's Motorola set-top box business.

The cuts were not a huge surprise, as the two companies had redundancy between their product lines, including headend gear and cable modem products. At the time of the acquisition, Arris said it expected to generate between $100 million and $125 million in annual cost synergies.

For this latest round of cuts, Arris did not disclose which divisions and areas of the company that would be most impacted.

Citing an unnamed source, Multichannel News said the cuts will impact not only Arris' Suwanee, Ga. headquarters, but also Pace operations in Boca Raton, Fla. 

For more:
- read this Light Reading story
- read this Multichannel News story

Related articles:
Arris says its E6000 converged edge router is being used in Comcast DOCSIS 3.1 deployment
Arris earnings dip 12.7% on telco TV slowdown
Arris closes Pace acquisition, lays out executive team
Arris cuts 500 staffers

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