Cisco reveals plan to cut thousands of jobs as it beats earnings forecast – SiliconANGLE

Cisco reveals plan to cut thousands of jobs as it beats earnings forecast – SiliconANGLE

Shares of Cisco Systems Inc. rose in extended trading today after the networking company said it’s cutting 7% of its global workforce and reported quarterly financial results that topped analysts’ estimates. The layoffs, which are the… Article Source https://siliconangle.com/2024/08/14/cisco-reveals-plan-cut-thousands-jobs-beats-earnings-forecasts/

AMD lands yet another major cloud deal as Oracle adopts thousands of Instinct MI300X GPUs to power new AI supercluster – Yahoo! Voices

AMD lands yet another major cloud deal as Oracle adopts thousands of Instinct MI300X GPUs to power new AI supercluster  Yahoo! Voices Article Source https://www.yahoo.com/tech/amd-lands-yet-another-major-040300535.html

AMD lands yet another major cloud deal as Oracle adopts thousands of Instinct MI300X GPUs to power new AI supercluster – MSN

AMD lands yet another major cloud deal as Oracle adopts thousands of Instinct MI300X GPUs to power new AI supercluster  MSN Article Source https://www.msn.com/en-gb/money/technology/amd-lands-yet-another-major-cloud-deal-as-oracle-adopts-thousands-of-instinct-mi300x-gpus-to-power-new-ai-supercluster/ar-AA1s8ulV

IBM has reportedly laid off thousands

IBM has reportedly laid off thousands

IBM spokesperson Sarah Minkel emailed a rather vague statement to Computerworld that seemed to confirm the layoffs: “Early this year, IBM disclosed a workforce rebalancing charge that would represent a very low single digit percentage of… Article Source https://www.computerworld.com/article/3532482/ibm-has-reportedly-laid-off-thousands.html

IBM layoff hits thousands as company tries to keep it under wraps: Report  

IBM layoff hits thousands as company tries to keep it under wraps: Report  

IBM is quietly laying off thousands of employees, mainly impacting senior-level programmers, sales and support staff.  | Photo Credit: Kesavan A N IBM is quietly laying off thousands of employees, mainly impacting senior-level programmers,… Article Source https://www.thehindu.com/sci-tech/technology/ibm-layoff-hits-thousands-as-company-tries-to-keep-it-under-wraps/article68672900.ece

Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity

Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity

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

AMD lands yet another major cloud deal as Oracle adopts thousands of Instinct MI300X GPUs to power new AI supercluster

AMD lands yet another major cloud deal as Oracle adopts thousands of Instinct MI300X GPUs to power new AI supercluster

AMD’s Instinct MI300X is an incredibly powerful AI accelerator, and major cloud companies are beginning to integrate it into their infrastructure to support intensive AI workloads. Vultr recently announced that it had ordered “thousands” of… Article Source https://www.techradar.com/pro/amd-lands-yet-another-major-cloud-deal-as-oracle-adopts-thousands-of-instinct-mi300x-gpus-to-power-new-ai-supercluster

Cisco’s second layoff of 2024 affects thousands of employees | TechCrunch

Cisco’s second layoff of 2024 affects thousands of employees | TechCrunch

U.S. tech giant Cisco has let go of thousands of employees following its second layoff of 2024.  The technology and networking company announced in August that it would reduce its headcount by 7%, or around 5,600 employees, following an… Article Source https://techcrunch.com/2024/09/17/ciscos-second-layoff-of-2024-affect-thousands-of-employees/