Aug. 09, 2024: A round of layoff announcements at Dell and Cisco are a result of both companies currently losing core market ...

The technology sector has witnessed a significant reduction in workforce with over 27,000 job cuts announced in August 2024.

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 ...

The tech industry continued its downward spiral in August 2024, with over 27,000 job cuts announced by 40+ companies. This ...

Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its ...

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

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 ...

After tech giant Cisco announced plans for its second round of layoffs this year, employees tell TechCrunch that they will not know if they are affected for close to a month. While employees have ...

Earlier this month, Reuters reported that Cisco was planning a second round of layoffs this year, after letting go of around 4,000 workers in February. Cisco confirmed last week in a SEC filing ...

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 ...

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 ...