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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
‘Double Standards and Hypocrisy’: The Dissent at Cisco Over the War in Gaza
1 month, 3 weeks ago

‘Double Standards and Hypocrisy’: The Dissent at Cisco Over the War in Gaza

Wired  

Over the past year, Cisco publicly looked like one of the few tech companies that had avoided internal backlash over its response to the war in Gaza. And as recently as two months ago, Francine Katsoudas, Cisco’s chief people, policy, and purpose officer, smiled as she posed for photos with many of the company’s employee organizations, including the one for …

Company Palestinian João Silva Jordão Employee João Cisco
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 Layoffs: Firm Slashes 7% Of Workforce To Focus On AI and Cybersecurity
4 months, 1 week ago

Cisco Layoffs: Firm Slashes 7% Of Workforce To Focus On AI and Cybersecurity

ABP News  

Cisco Layoffs: Cisco Systems plans to lay off 7 per cent of its workforce in a second round of job cuts this year. Cisco’s layoff announcement comes just two weeks after Intel Corp revealed plans to cut approximately 15,000 jobs as part of its strategy to revitalise its business and compete with successful rivals like Nvidia and AMD. For its …

Cybersecurity Billion Cent Cisco Cisco Layoffs
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
Echoes of dotcom bubble haunt AI-driven US stock market
5 months, 3 weeks ago

Echoes of dotcom bubble haunt AI-driven US stock market

The Hindu  

A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated by optimism over a revolutionary technology. A small group of massive tech stocks including AI chipmaker Nvidia symbolize today's market, recalling the "Four Horsemen" of the late 1990s: Cisco, Dell, …

Stocks Market Tech Earnings Stock Tech Stocks Nvidia
Nvidia’s ascent to most valuable company has echoes of dot-com boom
6 months ago

Nvidia’s ascent to most valuable company has echoes of dot-com boom

Live Mint  

Nvidia has become the U.S.’s most valuable listed company because of the demand for its artificial-intelligence chips, leading a tech boom that brings back memories of one from earlier this century. The last time a big provider of computing infrastructure was the most valuable U.S. company was in March 2000, when networking-equipment company Cisco took that spot at the height …

Market Microsoft Company Ai Nvidia Chambers Different
Only 4% of organisations in India ready to tackle cybersecurity risks: Cisco
8 months, 3 weeks ago

Only 4% of organisations in India ready to tackle cybersecurity risks: Cisco

The Hindu  

Only 4% of organisations in India have a ‘mature’ level of readiness needed to be resilient against modern cybersecurity risks, said Cisco in its ‘2023 Cybersecurity Readiness Index’. Some 99% of the companies are getting ready to take action to address newer cyber challenges and they are also planning to increase their cybersecurity budgets in the next 12 months. “In …

Cybersecurity Cisco India Security Readiness
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
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: Tech Firm To Fire Thousands Of Employees From This Week, Says Report
10 months, 1 week ago

Cisco Layoffs: Tech Firm To Fire Thousands Of Employees From This Week, Says Report

ABP News  

The US-based communication technology firm Cisco reportedly intends to trim its workforce to concentrate on areas of growth following the recent trend of job reductions by pears. The company is gearing up for a business restructuring that will result in the termination of thousands of employees, reported the news agency Reuters. However, a source familiar with the matter revealed to …

Company Cisco
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
How Cisco is bridging the global 'digital divide' to connect the world
11 months ago

How Cisco is bridging the global 'digital divide' to connect the world

BBC  

How Cisco is bridging the global 'digital divide' to connect the world Klawe Rzeczy Francine Katsoudas, EVP and chief people, policy and purpose officer at Cisco, talks to the BBC about digital inclusion Francine Katsoudas, EVP and chief people, policy and purpose officer at Cisco, enters the BBC's Executive Lounge to talk about how technology can foster equality, safety and …

Business Technology Access Inclusion Purpose Digital Inclusion Bbc
The Cyberthreat Is Within the Commonwealth
1 year ago

The Cyberthreat Is Within the Commonwealth

The Diplomat  

Is Kazakhstan home to a team of hackers targeting Commonwealth of Independent States countries and attempting to disguise themselves as Azerbaijani? Earlier in 2023, Cisco Talos identified a new threat actor that was targeting government, energy, and international organizations largely in the former Soviet Union, with cyberespionage campaigns employing a range of malware tools. In March, Cisco Talos reported that …

Access Internet Kazakhstan Million 2023 Uzbekistan Cisco
Time to recharge is crucial: Daisy Chittilapilly, Cisco India
1 year, 1 month ago

Time to recharge is crucial: Daisy Chittilapilly, Cisco India

Live Mint  

During a 25-year-long career in the IT industry, Bengaluru-based Daisy Chittilapilly has had a front row view of how technology can bring about change in key sectors such as healthcare and education. I believe that it’s only when we put people first and work together that great things happen,” the 51-year-old says. Chittilapilly talks to Lounge about the importance of …

India Personal Life Work Believe Cisco Dragonflies Everywhere Chittilapilly
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 Caste Case, Sundar Iyer, dangers to Hindus in the US, discriminatory SB403 law and ‘John Doe’: False allegations fuelling Hinduphobia
1 year, 4 months ago

Cisco Caste Case, Sundar Iyer, dangers to Hindus in the US, discriminatory SB403 law and ‘John Doe’: False allegations fuelling Hinduphobia

Op India  

On 16th July 2023, Sundar Iyer, the main defendant in the Cisco Caste case, shared his experience at the Caste Con’23 on the legal battle that he fought because of a bogus case of caste discrimination filed against him and his colleague Ramana Kompella by a person identified as ‘John Doe’. Contrary to CRD’s claims, Iyer said not only did …

Hinduism India Indian British Caste Case Caste Discrimination
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
CISCO Is Just the Start; Caste System Is Finally Getting Global Recognition
1 year, 8 months ago

CISCO Is Just the Start; Caste System Is Finally Getting Global Recognition

The Quint  

The issue of caste within the country was exemplified most recently by the outrageous case of Darshan Solanki, a first-year IIT Bombay student who died by suicide with the institute denying any role of caste discrimination. Solanki’s sister has claimed that her brother had mentioned “caste-related issues faced by some students at IIT Bombay and that he had himself experienced.” …

Caste Iit Nit
Cisco still faces caste bias suit; engineers’ case dismissed
1 year, 8 months ago

Cisco still faces caste bias suit; engineers’ case dismissed

Associated Press  

The California Civil Rights Department has voluntarily dismissed its case alleging caste discrimination against two Cisco engineers, while still keeping alive its litigation against the Silicon Valley tech giant. The Civil Rights Department sent a statement to The Associated Press on Monday saying the case against Cisco “remains ongoing.” “We will continue to vigorously litigate the matter on behalf of …

India Discrimination Rights Dalit Caste South Asian Caste Discrimination
Caste discrimination case against 2 Indian-origin engineers dismissed in US
1 year, 8 months ago

Caste discrimination case against 2 Indian-origin engineers dismissed in US

ABP News  

Washington, Apr 11 : The California Civil Rights Department has dismissed a caste discrimination case against two Indian-origin Cisco engineers. "Two Indian-Americans endured a nearly three-year nightmare of unending investigations, a brutal online witch hunt, and a presumption of guilt in the media after the CRD sullied their reputation alleging that they engaged in discrimination based on caste," said Suhag …

Discrimination Indian Caste Case Caste Discrimination California Hindus