Cisco's layoffs come just two weeks after chipmaker Intel Corp. announced it would cut about 15,000 jobs as it tries to turn ...

Major IT firms such as Intel, IBM, and Cisco have laid off over 27,000 employees across the globe in August 2024 ...

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 ...

The layoffs are an attempt to reorganize and improve “overall operating expense efficiency,” according to the company’s 2023 financial report. On Feb. 14, Cisco, a networking hardware and ...

Some of the firms that have made headlines this summer for headcount reductions include: Cisco is embarking ... There had been reports ahead of the release that a possible layoff announcement ...

The tech sector has been dealt some tough blows this past year. In 2024, sweeping layoffs befell a number of mega tech ...

Silicon Valley headquarters of networking company Cisco, San Jose, California. The company has announced a new wave of layoffs, as many as 6,000, according to one report. Silicon Valley ...

PricewaterhouseCoopers plans on laying off about 1,800 workers from the U.S. unit, per The Wall Street Journal.

Cisco's layoffs come just two weeks after chipmaker ... Intel's quarterly earnings report disappointed investors and its stock took a nosedive following the announcement. In contrast, Cisco's ...