Sierra Wireless finds cost synergies with less employees

Vancouver’s Sierra Wireless announced changes to their executive leadership team today as well as some “cost reduction initiatives” related to their acquistion and integration of Wavecom.

According to their press release, broader “expense reduction” and “cost synergy” initiatives are also underway. As part of the integration process, R&D and product development operations have been combined resulting in the closure of their office in North Carolina and a staff reduction program in Wavecom’s office in France has been completed.

A total of 77 positions have been synergized.