ParkerVision, Inc. announced that on August 22, 2018, the company commenced the implementation of cost reduction measures, including a reduction in its staff and the closure of its Lake Mary, Florida office in order to reduce the company's ongoing operating expenses. The reduction will impact approximately 30 employees and will include the consolidation of the company's two offices in Florida to a single facility. In addition to the workforce reduction, the company's executives and top management employees also reduced their salaries

As part of the company's reduction in staff, the company terminated John Stuckey, Chief Marketing Officer, as a result of eliminating the Chief Marketing Officer position effective August 22, 2018.