Test performance device manufacturer Ixia will eliminate 80 jobs as part of a company-wide restructuring that will bring a savings of $11 million.

The cost savings initiative eliminates duplicate resources the Calabasas-based company said arose from its October acquisition of the N2X product line from Agilent.

In addition to these direct cost savings, Ixia said it expects to realize scale efficiencies in its supply chain and administrative functions from the N2X acquisition and the acquisition of Catapult Communications.

The reduction in staffing should be complete by June 30. Ixia expects to record a charge for severance and other related costs of approximately $3 million to $4 million on a pre-tax basis to reflect the impact of the restructuring.

In June, Ixia had cut up to 80 employees in a move that was expected to save the company up to $6 million.

Ixia also announced that it currently expects revenues for the fourth quarter of 2009 to increase by approximately 32 percent year-over-year and approximately 16 percent sequentially to $54 million to $56 million.