Microsoft, Broadcom-VMware, and AWS have recently announced layoffs, according to a report by Channel Futures. The layoffs at these tech companies have raised concerns about the impact on the industry and the employees affected. Microsoft, one of the largest tech companies in the world, is reportedly laying off a significant number of employees as part … Read more
In June, Cisco made headlines with discussions of layoffs and merger rumors. The tech giant was also featured in the MSP 501 list by Channel Futures, highlighting its position in the Managed Service Provider market. Cisco’s future plans and restructuring efforts were subjects of interest and speculation within the industry. The company’s overall performance and … Read more
In 2023, a significant number of companies across various industries initiated substantial layoffs, including tech giants like Google, IBM, and Microsoft, as well as finance giants like Goldman Sachs and manufacturers like Dow. The trend has continued into 2024, with well-known companies such as Tesla, Google, Microsoft, Nike, and Amazon announcing plans for job cuts. … Read more
Oracle has opted to close its advertising division, leaving several hundred employees without jobs. The layoffs were carried out abruptly, without much notice to the affected workers. There were even reports of job offers being made during the Cannes Lions festival. The closure of Oracle’s advertising division leaves a void in the market, which companies … Read more
Tesla has emerged as the leader in tech layoffs in the US in 2024, with companies like Dell, Cisco, Xerox, PayPal, and Microsoft following suit. This trend is indicative of the changes taking place in the technology sector, with companies making strategic decisions to streamline their operations and adjust to evolving market conditions. The layoffs … Read more
The tech industry has been experiencing a significant increase in job cuts, with over 98,000 employees being laid off from more than 330 companies worldwide in the first half of 2024, according to Layoffs.fyi. Prominent companies like Apple, Google, Microsoft, and Meta are among those implementing these layoffs. Economic uncertainties are impacting the technology sector … Read more
The tech industry is currently experiencing a significant wave of job cuts, with over 98,000 employees laid off from 333 companies worldwide in the first half of 2024. Major players such as Apple, Google, Microsoft and Meta have been among those affected by this trend, which is seen as a reflection of economic challenges and … Read more
The global telecom industry faced significant job cuts in the first half of 2024 as companies sought to control costs and streamline operations. Factors such as inflation, the impact of AI, and uncertainty from suppliers like Ericsson and Nokia contributed to this trend. Reports from media outlets and company statements revealed that over 15,000 jobs … Read more
Recently, Microsoft announced a round of layoffs that will impact workers who operate Azure, the company’s cloud service platform. These layoffs are part of Microsoft’s broader restructuring efforts, which aim to streamline operations and cut costs. While the exact number of layoffs is not yet known, it is expected that a significant number of workers … Read more
Cloud layoffs have affected major players in the industry, including Azure, Google, and AWS. Microsoft’s Azure division has experienced layoffs due to a recent restructuring and consolidation within the company. Google and AWS have also made significant organizational changes that have led to job cuts in their cloud departments. These layoffs represent a trend of … Read more