RESEARCH TRIANGLE PARK – Amid cost cuts, layoffs and management changes, networking tech firm Avaya on Monday said its chief financial officer is retiring.

Kieran McGrath is stepping down as of Nov. 9 and will be replaced on an interim bases by Becky Roof. Roof is managing director at global consulting firm AlixPartners, LP. McGrath will work through Dec. 1 “in an advisory capacity,” the company said.

“Avaya’s transformation to subscription and cloud-delivered services is well underway, and we have made tremendous progress enhancing operating efficiency and delivering on our cost-reduction initiatives,” CEO Alan Masarek said . “I thank Kieran for his contributions to Avaya, including delaying his retirement to support my transition to the Company, and wish him all the best in his retirement. As we continue positioning the business for the long term, I look forward to benefitting from Becky’s expertise. We remain focused on continuing to provide our global customers with outstanding communications solutions and support, and investing in our long-range product roadmaps.”

Troubled tech firm Avaya – HQ in Durham – is laying off workers