The Kudelski Group has unveiled a significant restructuring initiative, prioritizing its core digital security technologies. This strategic realignment anticipates a global reduction of approximately 160 positions, with 40 to 45 roles affected at its Swiss headquarters.
The company aims to sharpen its focus on advanced security solutions, optimize its global market strategy, and boost overall efficiency. “These measures will enable us to meet evolving market needs more nimbly and deliver cutting-edge security solutions more efficiently to our global customer base,” stated Morten Solbakken, COO. “Our new structure and cost-reduction initiative better position us for long-term success and continued leadership in digital security.”
Under the revised structure, Nagravision Core Digital Security will integrate Digital TV and fundamental core security technologies. Kudelski Security will expand its reach in Operational Technology (OT) security, leveraging the Group’s expertise in digital security. Kudelski IoT will concentrate on asset tracking solutions and emerging IoT projects.
The announced changes are projected to be fully implemented within the first half of 2025.