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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
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
CeeDee Lamb, Ja’Marr Chase and one player contract worth watching for every NFL team
5 months, 3 weeks ago

CeeDee Lamb, Ja’Marr Chase and one player contract worth watching for every NFL team

New York Times  

Whether it’s the star quarterback aiming to reset the market or the young safety who needs a productive season to have his fifth-year option exercised, unresolved contract situations tend to perpetually lurk in the background for various NFL teams. — Zac Jackson CeeDee Lamb, wide receiver This could also be Dak Prescott, obviously, but whether or not Prescott has a …

Love Contract Team Giants Jones Jefferson Season
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