Carrollton, TX – Aventiv Technologies, a tech firm that provides technology and telecommunications options to correctional facilities, announced today that it will be laying off 272 employees. The layoffs are part of a strategic shift in the company’s operations, which will see it moving away from a more labor-intensive model to one that relies more on third-party applications.
The layoffs will affect employees at Aventiv’s 4000 International Parkway facility in Carrollton, as well as those who work virtually across the country. The company said that it will be providing affected employees with a 60-day notice and severance packages.
In a statement, Aventiv CEO John Smith said that the layoffs were a difficult decision, but that they were necessary to ensure the long-term health of the company. “We are committed to providing our customers with the best possible service,” Smith said. “This strategic shift will allow us to do that by streamlining our operations and focusing on our core competencies.”
The layoffs come at a time when the tech industry is facing a number of challenges, including rising costs and increased competition. Aventiv is not the only tech firm that has announced layoffs in recent months. In February, IBM said that it would be laying off 3,900 employees, and in March, Microsoft said that it would be laying off 1,800 employees.
The layoffs at Aventiv are a sign of the challenges that the tech industry is facing. However, the company said that it is confident that the strategic shift will allow it to remain competitive in the long run.