Layoffs

Cisco plans significant workforce restructuring to focus on high-growth sectors. Layoffs expected amid market challenges and revised revenue forecasts. Tech industry trends reflect broader job cuts among major players like Nokia and Ericsson. Company emphasizes software solutions like cybersecurity amidst demand shifts. Decision underscores Cisco’s adaptability and strategic vision in evolving markets.   Cisco’s Strategic … Read more

  The echoes of 2023’s economic tumult continue to reverberate through the tech industry, as 48 companies have already parted ways with 7,528 employees by January 15, according to the layoff-tracking website Layoffs.fyi. This disheartening trend suggests that the tech sector may face another challenging year, following the significant job cuts witnessed in the previous … Read more