CEO says company needs to make cuts despite profits Notworking giant Cisco has fired thousands of employees in its second ...

Cisco is laying off more than 800 workers in the Bay Area, according to WARN documents. The layoffs will slam San Jose, ...

A Qualcomm spokesperson was quoted as saying that their leading technology and product portfolio "has positioned us to ...

Chip giant Qualcomm is reportedly laying off at least 226 employees in the US later this year as part of its business ...

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IBM, meanwhile, is cutting 58 San Francisco workers. The New York company has not said how many total employees it plans to ...

In August 2024, tech giants like Apple, Intel, Cisco, and IBM announced 27,000 job cuts despite strong earnings. Key factors ...

Cisco, the US tech conglomerate, has announced a major round of layoffs amid declining demand and ramping up investments in ...

In total, over 136,000 tech employees have been laid off across 422 companies in 2024, according to industry data. Cisco’s ...

Cisco has started laying off thousands of employees about a month after announcing the second round of job cuts this year.

IBM's first-quarter 2024 earnings report said that the mainframe goliath took a $400 million "workforce rebalancing" charge to cover the cost of planned layoffs. That's after a $300 million "workforce ...

Given that Cisco indicated in Aug 2024 that it intended to reduce staff but withheld information regarding which individuals ...