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 ...

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

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

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 ...

This will be the third, and largest, layoff round the network equipment maker has conducted since late 2022. As of July 2023, Cisco employed 84,900 people overall. The company opened its Research ...

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

Cisco spokesperson Robyn Blum said in an email to SFGATE that the layoff is meant to allow the company to invest in “key growth opportunities and drive more efficiency in our business.” ...

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 ...