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 …
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, …
