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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 ...
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 ...
Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial ...
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The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [17] many such layoffs have been attributed to artificial intelligence, [18] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes. [17]
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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 ...