EVS rules out second layoff wave after ten departures amid cost pressures

Belgian broadcast technology firm EVS confirmed ten layoffs across departments, including one in Brussels and one in Germany, as part of a cost-cutting program announced in August. CEO Serge Van Herck cited rising costs outpacing revenue, blaming the Middle East conflict and unfavorable USD/EUR exchange rates. The company does not anticipate further layoffs, but the move signals margin pressure from geopolitical and currency headwinds.