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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 to cut more than 4,000 jobs; lowers annual revenue forecast
10 months, 1 week ago

Cisco to cut more than 4,000 jobs; lowers annual revenue forecast

Hindustan Times  

Cisco Systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company navigates a tough economy that has led to thousands of layoffs by tech firms this year. Cisco Systems announces layoffs Shares of the networking equipment maker fell more than 5% in extended trading on Wednesday, …

Billion Cisco Lowers Annual
Two weeks since the Optus outage, documents show backroom scrambling and urgent meetings occurred as the emergency played out
1 year, 1 month ago

Two weeks since the Optus outage, documents show backroom scrambling and urgent meetings occurred as the emergency played out

ABC  

In the two weeks since Optus suffered a devastating nationwide outage of its mobile and internet services, the company has shifted the blame to other organisations, attempted to calm its irate customers, and seen its CEO resign. 7:02am: Optus notifies the ACMA about emergency call issues The Australian Communications and Media Authority, which regulates broadcasting, radio and telecommunications, and whose …

Internet Home Affairs Company Senate Bayer Outage This Time
Cisco buying cybersecurity firm Splunk for $28 billion, bolstering defenses as use of AI widens
1 year, 3 months ago

Cisco buying cybersecurity firm Splunk for $28 billion, bolstering defenses as use of AI widens

Associated Press  

Cisco is buying the cybersecurity firm Splunk in a $28 billion deal as it bolsters its defenses against potential security threats that may be heightened by the widening use of artificial intelligence. “Our combined capabilities will drive the next generation of AI-enabled security and observability,” Cisco Chair and CEO Chuck Robbins said in a prepared statement. “Cisco is focused on …

Security Ai Cisco Splunk
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, …

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Everyone you know uses Zoom. That wasn’t always the plan for founder Eric Yuan
4 years, 1 month ago

Everyone you know uses Zoom. That wasn’t always the plan for founder Eric Yuan

CNN  

The tweet was when Eric Yuan knew something had to change. Yuan built Zoom to please his customers — to use Zoom-speak he wanted to “deliver happiness” — and for years that meant giving his business clients a high-quality video conferencing platform that was easy-to-use. Now, “Zoom is not only a business communication company, suddenly it’s becoming an infrastructure company,” …

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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 …

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