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(Reuters) -Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI ...
Cisco's layoffs come just two weeks after chipmaker Intel Corp. announced it would cut about 15,000 jobs as it tries to turn its business around to compete with more successful rivals like Nvidia ...
Google, Amazon, PayPal and Duolingo have all announced layoffs recently. All told, more than 34,000 tech employees have been laid off since the start of 2024, according to data compiled by Layoffs ...
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This year only has just over one-and-a-half months in the books so far, but multiple companies have already announced layoffs, including Blue Origin, ... Texas, on March 31, 2022. ...
Beginning in 2022, the Chinese and Russian games industries were adversely affected by a licensing freeze and the Russian invasion of Ukraine respectively. [11] [12] After this, most of the job cuts occurred in North America and Europe, with the video game industry in the United States being the most affected, followed by Canada, United Kingdom and Poland.
The latest job cuts report from employment firm Challenger, Gray & Christmas also showed tech companies led announced layoffs for all of 2022, with 97,171 job cuts expected, a whopping 649% surge ...