Valens Semiconductor .(US:VLN) Prnewswire·2026-01-28 11:30Core Viewpoint - Valens Semiconductor is implementing an operational efficiency plan that includes a 10% workforce reduction to focus on high-growth business areas while maintaining financial stability [1][2][3] Group 1: Operational Changes - The company plans to reduce approximately 10% of its workforce across various departments, which is expected to save around $5 million annually in operating expenses [2] - The efficiency plan is anticipated to be completed by the second quarter of 2026 [2] Group 2: Management Statements - CEO Yoram Salinger stated that despite revenue growth momentum, the efficiency plan is necessary to optimize the cost structure and concentrate resources on core business segments with significant growth opportunities [3] - The company is committed to providing support and assistance to all impacted employees during this transition [3] Group 3: Financial Reporting - Valens Semiconductor will release its fourth quarter and full year 2025 financial results on February 25, 2026, before the market opens [4] - A conference call will be hosted by the CEO and CFO to discuss the financial results and business outlook [4] Group 4: Company Overview - Valens Semiconductor is a leader in high-performance connectivity, enabling digital experiences globally through its chipsets integrated into various devices [7] - The company's technology supports industry standards such as HDBaseT® and MIPI A-PHY, contributing to advancements in audio-video installations and autonomous driving [7]