---
schema_version: "secwatch.filing_event.v1"
accession: "0000912093-24-000046"
form_type: "8-K"
ticker: "VIAV"
cik: "0000912093"
company_name: "VIAVI SOLUTIONS INC."
filed_at: "2024-06-17T23:59:59+00:00"
generated_at: "2026-06-01T04:13:43.047556+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Viavi Solutions approves restructuring plan affecting 6% of workforce; expects $15M severance charges

## Summary
- ~6% of global workforce to be affected under the FY2024 Plan approved June 13, 2024.
- Company estimates severance and termination benefit charges of approximately $15 million.
- Plan expected to yield ~$25 million in annualized cost savings; substantially completed within four fiscal quarters.
- Action driven by persistent challenging spend environment in service provider and enterprise customer segments.

## SEC filing metadata
- accession: 0000912093-24-000046
- form_type: 8-K
- ticker: VIAV
- cik: 0000912093
- company_name: VIAVI SOLUTIONS INC.
- filed_at: 2024-06-17T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912093/000091209324000046/0000912093-24-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912093/000091209324000046/viav-20240613.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000912093-24-000046
- JSON: https://secwatch.observer/filing/0000912093-24-000046.json
- Plain text: https://secwatch.observer/filing/0000912093-24-000046.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.