Aug. 09, 2024: A round of layoff announcements at Dell and Cisco are a result of both companies currently losing core market ...
Cisco (NASDAQ:CSCO) layoffs are coming for employees of the internet communications company as it prepares for major job cuts in the near future. According to recent reports, Cisco is looking at ...
The tech industry continued its downward spiral in August 2024, with over 27,000 job cuts announced by 40+ companies. This ...
Thousands of Cisco employees will be affected by a new layoff round, which could be announced next week, according to a Reuters report. Cisco will reportedly lay off around 4,000 employees in its ...
These are some of the biggest takeaways from the latest quarterly earnings report by the San Jose ... Here’s more on the Cisco layoffs and AI and security opportunities ahead for the vendor ...
Cisco had about 84,900 employees as of July last year, according to its 2023 annual report. Among them, 47.6% are in the United States and 52.4% are spread out across the world.
Job losses at U.S.-based employers spiked in August to a five-month high of just over 75,000 cut positions for the month, a ...
Cisco's layoffs are part of plans to “realign the organization and enable further investment in key priority areas”, it said in a SEC filing. CEO Chuck Robbins said in the earnings report ...
Cisco (CSCO) is planning to cut thousands of jobs in a second round of layoffs, according to a R euters report. The tech giant is set to report its fiscal fourth quarter results on Wednesday, August ...
The tech industry has been struggling with massive layoffs since early 2023, and the trend has only continued into 2024, ...
Major players like Intel, Cisco, and IBM made significant cuts. More than 40 companies, including industry giants and startups alike, announced layoffs, per The Economic Times's report.