{"version":"1.0","provider_name":"Market Newsdesk","provider_url":"https:\/\/www.marketnewsdesk.com","author_name":"Newsdesk","author_url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/","title":"Enovix Organizes for Drone\/Military Surge - Market Newsdesk","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"PTFfX79BZH\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/enovix-organizes-for-drone-military-surge\/\">Enovix Organizes for Drone\/Military Surge<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.marketnewsdesk.com\/index.php\/enovix-organizes-for-drone-military-surge\/embed\/#?secret=PTFfX79BZH\" width=\"600\" height=\"338\" title=\"&#8220;Enovix Organizes for Drone\/Military Surge&#8221; &#8212; Market Newsdesk\" data-secret=\"PTFfX79BZH\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.marketnewsdesk.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"FREMONT, Calif., Nov. 05, 2026 (GLOBE NEWSWIRE) &#8212; Enovix Corporation (\u201cEnovix\u201d or the \u201cCompany,\u201d Nasdaq: ENVX), a developer and manufacturer of advanced lithium-ion batteries, today announced that it has completed the first phase of the cost reduction plan described to shareholders in August by Executive Chairman T.J. Rodgers. Over the past week, the Company rebalanced its world-wide deployment to put more focus on its South Korean operations, in both headcount and capital deployment, while reducing costs in the U.S., India and Malaysia. The change was a reduction of approximately 220 employee and contract-labor positions out of 946 with savings of $8.5 million per year. In Korea, the Company\u2019s TAA-compliant, military-qualified plant is ramping to meet strong demand from U.S. and &hellip; Continue reading \"\"","thumbnail_url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg3MTA0NyM3OTQ3ODkxIzIyMDgzOTk="}