Once the reductions in the workforce are completed, the Company anticipates that they will lead to a quarterly reduction in expenses of approximately $9 million to $11 million. The run rate savings do not reflect the aggregate expected costs to implement the Restructuring Plan.
SolarEdge Currently Estimates To Recognize Pre-tax Charges To Its GAAP Results Of Approximately $3M - $5M Consisting Of Severance, Other One-time Termination Benefits, And Other Costs
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