Viavi (NASDAQ: VIAV) unveils $32M restructuring and 5% job cuts

Rhea-AI Filing Summary

Viavi Solutions Inc. disclosed a new restructuring plan alongside preliminary results for its fiscal second quarter ended December 27, 2025. The company furnished a press release with its preliminary quarterly results as an exhibit.

On January 23, 2026, Viavi approved a global restructuring plan aimed at improving operational efficiency, aligning its workforce with current business needs and strategic growth areas, and integrating recently acquired businesses. The plan includes a worldwide workforce reduction, facilities rationalization, and asset write-offs, with approximately 5% of the global workforce expected to be affected.

Viavi estimates total charges of about $32 million, including roughly $24 million of cash expenditures primarily for employee severance and related costs. Most charges are expected to be recognized by the end of June 2026, with the plan substantially completed by the end of calendar 2026. Upon completion, the company anticipates approximately $30 million in annualized cost savings, though actual amounts and timing may differ from these initial estimates.

Insights

Equity research analyst

Viavi plans $32M restructuring with 5% job cuts for $30M savings.

Viavi Solutions Inc. approved a restructuring plan on January 23, 2026 that targets operational efficiencies and integration of recently acquired businesses. The plan affects about 5% of the global workforce and includes facilities rationalization and asset write-offs.

The company expects total charges of about $32 million, with approximately $24 million in cash costs mainly for severance and related expenses. Most charges should be recognized by the end of June 2026, with substantial completion by the end of calendar 2026.

Viavi anticipates around $30 million in annualized cost savings once the plan is completed, although it notes that the amount and timing of the financial impact may differ from initial estimates. Future company filings may clarify how closely realized savings track these expectations.

8-K Event Classification

3 items: 2.02, 2.05, 9.01

3 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 2.05 Costs Associated with Exit or Disposal Activities Financial

The company committed to an exit plan involving layoffs, facility closures, or restructuring charges.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

0000912093false00009120932026-01-282026-01-28

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): January 28, 2026

VIAVI SOLUTIONS INC.

(Exact name of Registrant as specified in its charter)

Delaware

000-22874

94-2579683

(State or other jurisdiction of incorporation or organization)

(Commission file number)

(I.R.S. Employer Identification Number)

1445 South Spectrum Blvd, Suite 102			Chandler,			Arizona			85286
(Address of principal executive offices and Zip Code)

 (408) 404-3600

(Registrant’s telephone number, including area code) 

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol

Name of the exchange on which registered

Common Stock, par value of $0.001 per share

VIAV

The Nasdaq Stock Market LLC

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b) 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company. ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On January 28, 2026, Viavi Solutions Inc. (the “Company”) reported its preliminary results for its fiscal second quarter ended December 27, 2025. A copy of the Company’s press release is furnished herewith and attached hereto as Exhibit 99.1. 

The information in Item 2.02 and Exhibit 99.1 of this Current Report on Form 8-K is intended to be furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 2.05. Costs Associated with Exit and Disposal Activities.

On January 23, 2026, the Company approved a restructuring plan (the “Plan”) to improve operational efficiencies, better align the Company’s workforce with current business needs and strategic growth opportunities and includes integration of recently acquired businesses. The Plan includes a global workforce reduction, facilities rationalization and asset write-offs.

The Company expects approximately 5% of its global workforce to be affected. The Company estimates it will incur total charges of approximately $32 million in connection with the Plan, including approximately $24 million in cash expenditures, primarily related to employee severance and related costs. The Company expects to recognize the majority of these charges by the end of June 2026 with the Plan substantially completed by the end of calendar 2026. The Company anticipates the Plan to result in approximately $30 million in annualized cost savings upon completion.

The amount and timing of the financial impact may differ from the initial estimates provided.

Item 9.01. Financial Statements and Exhibits.

(d)   Exhibits.

Exhibit No.						Description
99.1						Press release entitled “VIAVI Announces Second Quarter Fiscal 2026 Results” dated January 28, 2026.
104						Cover Page Interactive Data File - the cover page iXBRL tags are embedded within the Inline XBRL document

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			VIAVI SOLUTIONS INC.
			By:			/s/ ILAN DASKAL
			Name:			ILAN DASKAL
			Title:			Executive Vice President and Chief Financial Officer
						(Duly Authorized Officer and Principal Financial and Accounting Officer)
January 28, 2026

FAQ

What restructuring plan did Viavi Solutions (VIAV) approve in January 2026?

Viavi approved a restructuring plan on January 23, 2026 to improve operational efficiency, align its workforce with business needs, and integrate recent acquisitions. The plan includes global workforce reductions, facilities rationalization, and asset write-offs across its operations.

How many employees are affected by Viavi Solutions (VIAV) restructuring?

Viavi expects approximately 5% of its global workforce to be affected by the restructuring. This impact comes mainly through workforce reductions, alongside facilities rationalization and asset write-offs, as the company aligns staffing with current business needs and strategic growth opportunities.

What costs will Viavi Solutions (VIAV) incur from the restructuring plan?

Viavi estimates total restructuring charges of about $32 million, including roughly $24 million in cash expenditures. These cash costs are primarily related to employee severance and associated expenses, with additional non-cash items tied to facilities rationalization and asset write-offs under the plan.

When will Viavi Solutions (VIAV) recognize restructuring charges and complete the plan?

Viavi expects to recognize the majority of the restructuring charges by the end of June 2026. The company currently anticipates the plan will be substantially completed by the end of calendar 2026, although actual timing and amounts may differ from these initial estimates.

How much annual cost savings does Viavi Solutions (VIAV) expect from its restructuring?

Upon completion of the restructuring, Viavi anticipates approximately $30 million in annualized cost savings. These savings are expected to come from the global workforce reduction, facilities rationalization, and asset write-offs, though the company notes actual financial impact may vary from its current estimates.

What financial information did Viavi Solutions (VIAV) provide about its fiscal Q2 2026?

Viavi reported preliminary results for its fiscal second quarter ended December 27, 2025. The company furnished, but did not file, a press release as an exhibit detailing these preliminary results, under the results of operations and financial condition disclosure item.