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… Article Source https://apnews.com/article/cisco-job-cuts-technology-layoffs-78ad036870555f53fe03739cf1ae76f9
Tech companies job cuts have continued in the second half of 2024, with several major layoffs occurring across the industry. IBM initiated a new round of layoffs, primarily affecting senior programmers, sales, and support personnel, as part of… Article Source https://timesofindia.indiatimes.com/technology/tech-news/tech-layoffs-cross-1-lakh-cisco-microsoft-cut-more-jobs-in-september-and-other-job-cut-warnings/articleshow/113837708.cms
article Cisco Systems headquarters in San Jose, California, US, on Monday, Aug. 14, 2023. Cisco Systems Inc. is scheduled to release earnings figures on August 16. Photographer: David Paul Morris/Bloomberg via Getty Images SAN JOSE, Calif. -… Article Source https://www.ktvu.com/news/cisco-layoffs-hundreds-bay-area-employees
Amazon has recently unveiled plans for significant investments in Europe across various sectors such as logistics, cloud infrastructure, research and development, and job creation. In Spain, Amazon Web Services (AWS) is set to invest 15.7 billion euros over the next decade to expand its AWS Europe (Spain) region, generating around 17,500 full-time equivalent jobs annually … Read more
AWS Glue Studio now offers a new visual user experience for authoring data preparation transformations using its visual editor. This graphical interface allows users to create, run, and monitor data integration jobs within the AWS Glue ecosystem. The new data preparation interface in AWS Glue Studio provides a spreadsheet-style view for working with tabular data … Read more
Intel is making job cuts as part of cost-saving measures while it hopes for a boost in sales. The company did not disclose the exact number of job cuts or the specific areas affected. Each business unit within Intel is responsible for deciding how to meet corporate spending targets. Employees have reported that Intel has … Read more
Amazon has announced plans to invest €10 billion in Germany to expand its logistics network and cloud infrastructure, creating 4,000 new jobs in the process. Three new logistics centers will be established in Horn-Bad Meinberg, Erfurt, and Großenkneten. These investments are part of a larger commitment of €17.8 billion in Germany, including the recent announcement … Read more
Amazon’s investment in Germany, totaling $10.75 billion, is in response to the increasing demand for its products in Europe’s largest economy. This investment brings Amazon’s total planned investments in Germany to over $19 billion. The majority of this investment will be directed towards expanding its IT unit, Amazon Web Service (AWS), with the goal of … Read more
Amazon Web Services (AWS) has announced a significant investment of €8.8 billion in its cloud infrastructure in the AWS European (Frankfurt) region to meet the increasing demand for cloud services in Germany. This investment is expected to support 15,200 full-time equivalent jobs in local companies annually, according to the AWS Economic Impact Study (EIS) for … Read more
Lululemon stock (lulu) jumped around 4% on Thursday following the company’s announcement of an increase in its full-year earnings outlook and a $1 billion expansion of its share buyback program. The company revealed on Wednesday that it now anticipates full-year earnings per share to be between $14.27 and $14.47, a slight adjustment from the previous … Read more