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12 Major Layoffs In 2024: Tesla, Google, Dell, Cisco, Intel, Microsoft And More
1 week, 3 days ago

12 Major Layoffs In 2024: Tesla, Google, Dell, Cisco, Intel, Microsoft And More

ABP News  

Major Layoffs In 2024: Layoffs have been the talk of the town for the whole of 2024; big firms and small start-ups across the sector and worldwide have announced layoffs this year, leaving employees in a difficult situation. Siemens Layoffs German tech giant Siemens also said that it is considering cutting up to 5,000 jobs globally in its factory automation …

Japan Jobs Employees Google Boeing Company 2024
27,000 techies laid off across the globe in August, highest since January 2024
3 months, 2 weeks ago

27,000 techies laid off across the globe in August, highest since January 2024

Deccan Chronicle  

Hyderabad: The layoffs in tech companies has witnessed a surge in August, since January 2024. On August 1, Intel CEO Pat Gelsinger announced plans to cut around 15,000 jobs, representing 15% of its workforce. German chipmaker Infineon announced on August 5 that it would cut 1,400 jobs globally, with an additional 1,400 positions being relocated to countries with lower labor …

Intel Cisco
Tech Industry Sees Layoffs Surge To 27,000 In August, Highest Since January; Here Are The Details
3 months, 3 weeks ago

Tech Industry Sees Layoffs Surge To 27,000 In August, Highest Since January; Here Are The Details

ABP News  

The tech industry experienced a major increase in layoffs in August 2024, reaching its highest level of job cuts since January of this year. The surge in layoffs is primarily attributed to substantial reductions at prominent industry leaders like Intel and Cisco, which contributed significantly to the overall increase in job losses. Intel Layoffs Intel spearheaded the wave of layoffs …

Job Intel Cisco Layoffs
Cisco layoffs: Company to cut jobs of 6,000 employees amid AI pivot
4 months, 1 week ago

Cisco layoffs: Company to cut jobs of 6,000 employees amid AI pivot

Hindustan Times  

Cisco is planning to cut 7% of its global workforce, the company said in a filing with the US Securities and Exchange Commission. This restructuring plan is expected to impact approximately 7 percent of Cisco’s global workforce,” the company said in the filing. The process would consist of severance and other one-time termination benefits as well as additional other costs …

Sec Ai Cisco
Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity
4 months, 1 week ago

Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity

Associated Press  

Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity. Cisco’s layoffs come just two weeks after chipmaker Intel Corp. announced it would cut about 15,000 jobs as it tries to turn …

Earnings Share Billion Ai Cut Cisco Cents
Cisco Layoffs: Tech Firm To Sack Over 4,000 Employees, Says Report
10 months, 1 week ago

Cisco Layoffs: Tech Firm To Sack Over 4,000 Employees, Says Report

ABP News  

Cisco Systems announced that the firm will reduce its global workforce by 5 per cent, equivalent to over 4,000 employees, and revised its annual revenue target downwards. In extended trading on Wednesday, shares of the networking equipment maker declined by over 5 per cent, following Cisco's downward revision of its forecasted revenue range to $ 51.5 billion to $ 52.5 …

Report Billion Cent Reuters Cisco
Cisco Systems to lay off more than 4,000 workers in latest sign of tighter times in tech
10 months, 1 week ago

Cisco Systems to lay off more than 4,000 workers in latest sign of tighter times in tech

Associated Press  

SAN FRANCISCO — Internet networking pioneer Cisco Systems is jettisoning more than 4,000 employees, joining the parade of technology companies in a trend that has helped boost their profits and stock prices while providing a sobering reminder of the job insecurity hanging over an industry increasingly embracing artificial intelligence. Combined with a wave of layoffs last year, the workforce reductions …

Tech Companies Ai Robbins Cisco Lay Layoffs
Cisco layoffs: Thousands to lose jobs as company focuses on ‘high-growth’ areas
10 months, 2 weeks ago

Cisco layoffs: Thousands to lose jobs as company focuses on ‘high-growth’ areas

Hindustan Times  

Amid the recent layoffs by multiple tech and retail giants, Cisco has also decided to cut jobs. Cisco announces its decision to lay off thousands of employees Cisco to layoff thousands of employees as part of its restructuring plans The outlet adds that while the company has announced its layoffs, it is yet to decide the number of employees that …

Company Cisco Layoffs Thousands
Cisco CEO Meets PM Modi, Doubles Down On Local Manufacturing: All Details Here
1 year, 7 months ago

Cisco CEO Meets PM Modi, Doubles Down On Local Manufacturing: All Details Here

News 18  

Global networking giant Cisco Chair and CEO Chuck Robbins on Wednesday met Prime Minister Narendra Modi, and discussed how the company has doubled down on manufacturing to boost exports from the country. Thrilled to announce @Cisco is investing in manufacturing in India, with an aim to drive over $1B in combined domestic production and exports,” Robbins tweeted. On his part, …

India Indian Robbins Cisco
Tech industry in turmoil: Layoffs on the rise as companies struggle to stay afloat
1 year, 11 months ago

Tech industry in turmoil: Layoffs on the rise as companies struggle to stay afloat

India TV News  

The ongoing economic slowdown is making it difficult for the tech sector to survive. According to data from Layoffs.fyi, a website that tracks all layoffs at tech startups, in January 2023, 91 tech companies globally let go of about 24151 employees. Amazon CEO Andy Jassy, in a recent blog post, confirmed that Amazon is continuing layoffs while firing around 18000 …

Tech Amazon Employees Companies Ola Coinbase Cisco
After Amazon, Cisco reportedly fired as many as 700 employees
1 year, 11 months ago

After Amazon, Cisco reportedly fired as many as 700 employees

India Today  

The last six months of 2022 have been hard for many people because of mass layoffs announced by major tech companies. The company’s CEO Chuck Robbins hasn’t confirmed details about layoffs, but he did say that Cisco is removing people to “rightsize certain businesses.” Robbins said he would "be reluctant to go into a lot of detail here until we're …

Employees Company Cisco Layoff Certain Businesses
Cisco to invest in dedicated India Webex infrastructure
2 years, 2 months ago

Cisco to invest in dedicated India Webex infrastructure

The Hindu  

Technology major Cisco said that its telecom licence would not be used to compete with telecom service providers, who are its largest customers and partners, but would help accelerate Webex adoption across the country. She added that Cisco was seeing a rapid increase in users and getting a licence would help the company offer lower latency and affordability which would …

India Cisco Service Providers India Webex
Cisco invests in dedicated data center for WebEx in India
2 years, 2 months ago

Cisco invests in dedicated data center for WebEx in India

Live Mint  

US-based multinational technology services and telecom equipment provider, Cisco, announced Tuesday that it is investing in dedicated data center capacity for WebEx, its remote conferencing, file sharing and contact center operation services suite, in India. Cisco claimed in its Tuesday announcement that the WebEx data center investment was the first of its kind for an OTT collaborations and communications service …

India Telecom Services Service Center Cisco Webex
For business users, Airtel announces security service Airtel Secure
4 years, 2 months ago

For business users, Airtel announces security service Airtel Secure

India Today  

Airtel has announced a new service called Airtel Secure, a cyber-security solution for business customers. "As India's business fast-track their digital transformation, our partnership with Airtel is a vehicle for us to help them secure their people and information in a simplified, cohesive manner. Airtel will now be able to help customers streamline operations with integrated threat and security management …

Business Security Cisco Service Airtel Service Airtel Secure