Valens Semiconductor (NYSE:VLN) said it plans to reduce its global workforce by around 10% as part of a broader drive to improve operating efficiency, a move the Israel-based connectivity specialist expects will deliver roughly $5 million in annual operating expense savings.
The headcount reduction will span multiple departments and is scheduled to be completed during the second quarter of 2026. Chief executive Yoram Salinger said the initiative is designed to streamline the company’s cost base and better align resources with its core business priorities, even as revenue momentum has recently improved.
“The company is committed to providing support and assistance to all impacted employees,” Salinger said in a press release.
Valens said it will publish its fourth-quarter and full-year 2025 financial results before the market opens on February 25, 2026. Management will host a conference call later that day at 8:30 a.m. Eastern Time to review the results and outline its outlook.
The announcement comes as Valens continues to focus on high-performance connectivity solutions across markets such as professional audio-video installations, videoconferencing systems, and automotive applications, including advanced driver assistance systems.