Despite reporting profits, the tech firm Freshworks, is laying off 13% of its workforce as part of a restructuring strategy.
The decrease in layoffs, however, raises the possibility that businesses are adapting to the current economic environment and ...
Despite these individual cases, the overall layoff figures for October were the lowest this ... the tech industry had already ...
In fact, there has been a 58% decline in the weekly pace of job cuts for tech workers in the Bay Area that their employers ...
Cisco Systems stock is a strong buy due to its ... resources and realigning them with growth areas. The most recent 7% layoff is perhaps the most telling example. However, the company has to ...
Mozilla announces layoffs as part of restructuring The most recent layoff announcement came a few days ago from ... and a machinist union strike affecting its operations. Qualcomm, Cisco, and ...
October’s figures indicate a further decline, marking one of the lowest points for layoffs since 2023 and reinforcing the ...
Cisco is the dominant vendor in enterprise networking, and under CEO Chuck Robbins, it continues to shake things up. Its most recent mega-acquisition is its $28 billion purchase of Splunk, a bold ...
Despite these most recent layoff disclosures ... Plus, a few weeks ago, both Cisco Systems and Intel disclosed they were planning massive job cuts to their worldwide workforces as they attempt ...