---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-048116"
form_type: "8-K"
ticker: null
cik: "0000808326"
company_name: "EMCORE CORP"
filed_at: "2023-04-21T23:59:59+00:00"
generated_at: "2026-06-16T21:56:06.632468+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EMCORE shuts down Broadband segment, cuts ~100 jobs; focuses on inertial navigation

## Summary
- Restructuring includes shutdown of Broadband (cable TV, wireless, sensing, chips) and discontinuation of defense optoelectronics.
- Workforce reduction of ~100 employees (75 US, 25 China); facility consolidation from five to two buildings in Alhambra.
- Annualized cost savings of ~$12M; expects restructuring charge of ~$2.1M (incl. $0.5M stock) in fiscal Q3 2023.
- Restructuring actions to be substantially completed by September 30, 2023.
- Company pivots to focus entirely on Aerospace & Defense inertial navigation.

## SEC filing metadata
- accession: 0001104659-23-048116
- form_type: 8-K
- cik: 0000808326
- company_name: EMCORE CORP
- filed_at: 2023-04-21T23:59:59+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/808326/000110465923048116/0001104659-23-048116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/808326/000110465923048116/tm2313378d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-048116
- JSON: https://secwatch.observer/filing/0001104659-23-048116.json
- Plain text: https://secwatch.observer/filing/0001104659-23-048116.txt

## Key facts
- Restructurings & Charges
  EMCORE CORP announced a restructuring with charges of approximately $2.1 million affecting Broadband business segment and defense optoelectronics product line (approximately 75 positions in the U.S. (primarily in Alhambra, California) and approximately 25 positions in China, coll).
  - Type: restructuring
  - Charge: approximately $2.1 million
  - Affected area: Broadband business segment and defense optoelectronics product line
  - Headcount: approximately 75 positions in the U.S. (primarily in Alhambra, California) and approximately 25 positions in China, coll
  source text: in the Company's future reporting periods, including, without limitation, one-time employee severance and termination costs related to the Restructuring of approximately $2.1 million (of which the Company expects that approximately $0.5 million will be in stock-based compensation expenditures relating to the acceleration of the vesting of outstanding equity
  evidence_url: https://www.sec.gov/Archives/edgar/data/808326/000110465923048116/0001104659-23-048116-index.htm

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