With the transition, Avaya is now a private company backed by its existing lenders. Avaya bankruptcy: Why shareholders are the big losers Avaya restructuring approved, slashes billions in debt ...

Avaya Holdings Corp. has held talks with lenders over a plan that could hand them control of the company as part of a bankruptcy filing, according to people with knowledge of the situation.

MORRISTOWN, N.J., July 10, 2024--(BUSINESS WIRE)--Avaya, a leader in enterprise CX, announced today that Alan Masarek, President and Chief Executive Officer, will retire at the end of the calendar ...

DURHAM – Jim Chirico, longtime CEO of cloud technology firm Avaya, is to be “removed” from his position as of Aug. 1 and also will resign his board seat, the company says. Chirico is out as ...

DUBAI, United Arab Emirates--(BUSINESS WIRE)--GITEX GLOBAL – Avaya, a global leader in enterprise CX, today demonstrated its vision for a future of customer experience orchestrated by AI.

Avaya Holdings Corp. is working with legal and financial advisers to evaluate the company’s options following an earnings miss that tanked prices of a $600 million debt deal completed in June ...

MORRISTOWN, N.J.--(BUSINESS WIRE)--Avaya, a global enterprise software leader, today announced its new Avaya Infinity™ platform. Built to unify fragmented customer experiences, Avaya Infinity ...

After protracted negotiations with creditors, ailing digital communications solutions provider Avaya finally filed for bankruptcy on Tuesday. Company has secured almost $780 million in new ...

Dec 15 (Reuters) - IT firm Avaya Holdings Corp (AVYA.N), opens new tab is reaching a chapter 11 bankruptcy filing to restructure its balance sheet, in a bid to turn around its business and move ...