Tag: layoff

Here you will find all the articles with the tag: layoff.

Mass layoff looming at Cisco due to lower orders – update

Mass layoff looming at Cisco due to lower orders – update

Cisco is facing fewer orders and is considering a reorganization. The reorganization is expected to affect thousands of jobs in the short term. Update 15 February: Several days after the initial announcement by Cisco CEO Chuck Robins that Cisco would restructure, it has become clear how many peo... Read more

date2 months ago
Tech companies cut thousands of jobs due to AI

Tech companies cut thousands of jobs due to AI

Since the beginning of the year, 34,000 jobs have disappeared at tech companies. They want to adjust their workforce to invest in new areas, particularly generative AI. That's according to figures from Layoffs.fyi. A total of 138 tech companies have already laid off staff this year. Microsoft, S... Read more

date2 months ago
Microsoft to lay off 10,000 employees, CEO confirms

Microsoft to lay off 10,000 employees, CEO confirms

Ten thousand Microsoft staffers will lose their jobs in the coming months, CEO Satya Nadella confirmed in a written statement. Earlier today, we covered rumours of a layoff round at Microsoft. Insiders said the tech giant would disclose the plan today. Meanwhile, confirmation has arrived. CEO S... Read more

date1 year ago