Alvarion Plans Layoffs

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Reports in the Israeli press claim that Alvarion (NASDAQ: ALVR) plans additional layoffs. This time, 20% of Alvarion staff, mostly in Israel, is expected to go.

Report in Ynet (HE) claim that the BMU business will be closed/merged into the BWA business unit. On the other hand, a report in Globes claims that “there is no intention to close any division, but only to reduce headcount”.

Alvarion’s next earning call is scheduled for May 6th. I am sure layoffs will happen by then (and probably this week, after the Passover holiday).