Cisco to lay off 6000 employees, CEO says 'we're now returning ...'

Cisco Systems announced plans to lay off about 7% of its global workforce, approximately 6,000 employees, to focus on artificial intelligence and cybersecurity. This follows a 10% decline in quarterly revenue. CEO Chuck Robbins expressed optimism about future demand. The restructuring includes merging networking, security, and collaboration departments and aims to drive efficiency.

Tech Industry Hit By Mass Layoffs: Intel, Cisco, IBM, And Apple Cut Over 27,000 Jobs

zeenews.india.com - 05/Sep 17:53

Intel is set to lay off 15,000 employees, accounting for over 15 per cent of its workforce as part of a 10 billion dollars cost-cutting plan for 2025.

Samsung Reportedly Will Cut 30% of Workforce

thecekodok.com - 20:08

Samsung Electronics will reportedly lay off 30% of its workforce by the end of the year, according to a Reuters report citing multiple sources. Only...

Samsung Reportedly Will Cut 30% of Workforce

thecekodok.com - 20:08

Samsung Electronics will reportedly lay off 30% of its workforce by the end of the year, according to a Reuters report citing multiple sources. Only...

Goldman Stock Up on Its Plans to Reduce Workforce Under SRA Strategy

zacks.com - 02/Sep 16:02

GS plans to lay off more than 1,300 employees under its annual performance review, yet expects to have a larger workforce in 2024 compared with the...

Goldman plans workforce deduction, to lay off employees in annual performance review

times of india - 31/Aug 05:49

Goldman Sachs plans to cut several hundred jobs through its annual evaluation to address underperformers. The firm had paused performance-based...

Addressing the threat of cybersecurity breaches in the digital age

esi-africa.com - 29/Aug 09:23

As government departments and utility leaders aim to digitalise their systems to achieve efficiency, and obtain and track system data, cybersecurity...