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Cisco to cut more than 4,000 jobs; lowers annual revenue forecast

Cisco Systems announced on Thursday that its cutting over 4000 jobs across multiple departments amid cost cutting calls.

Cisco Systems announces layoffs (Reuters)(REUTERS)
Published on Feb 15, 2024 01:53 PM IST
Reuters |

Snapchat layoffs: Snap Inc to fire 10% staff as social media copes with ad slump

Snap Inc. is reducing its workforce by roughly 10% across the globe as it faces a major slump in ad revenue profits.

Snapchat parent firm Snap Inc to lay off 10 percent staff(REUTERS)
Published on Feb 05, 2024 11:00 PM IST
Bloomberg |

Layoffs 2024: Tech companies fire 30k employees in January this year

Many big tech companies and startups have laid off over 30,000 employees in January 2024, with layoffs expected to get more intense this year.

Over 30,000 laid off in tech companies in January 2024(Freepik)
Published on Feb 05, 2024 05:05 PM IST
ByVaishnawi Sinha

‘A dark day’; LA Times employees react to massive layoffs

In a statement, Matt Pearce, president of the Media Guild of the West, which represents the Los Angeles Times’ union, termed Tuesday as “dark day.”

The Los Angeles Times newspaper headquarters is located in El Segundo, Calif., Tuesday, Jan. 23, 2024. (AP)
Updated on Jan 24, 2024 04:57 PM IST
ByShweta Kukreti

Tata & Zomato-backed Cult.fit fires 150 employees: Report

Zomato-backed Cult.fit has announced the layoff of 150 employees, as per a report, in order to cut costs in the company.

Fitness chain Cult.fit announces layoffs
Published on Jan 23, 2024 07:57 PM IST
ByVaishnawi Sinha
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