Ericsson to Lay Off 3,000 in ‘Large Transformation’ Telecoms equipment maker Ericsson on Tuesday confirmed recent media reports that it will cut 3,000 jobs in Sweden, including in production, research and development. The company said however that it also planned to hire 1,000 people in research and development over the next three years, as the company undergoes a “large transformation”. ... Read More »
Twitter to Lay Off Employees, Halt Engineering Work at Bengaluru Development Centre Twitter Inc said on Monday it would lay off some employees and halt engineering work at one of its development centres in India’s technology hub Bengaluru. The layoffs will impact less than 20 employees at the development centre, according to a source familiar with the matter. The employees ... Read More »
Cisco,Systems,to,Reportedly,Lay,Off,About,14,000,Employees HIGHLIGHTS Cisco to shift focus to become a software-centric organisation The job cuts are beacuse of this action taken by Cisco HP and Microsoft also announced job cuts earlier this year Cisco Systems Inc is laying off about 14,000 employees, representing nearly 20 percent of the network equipment maker’s global workforce, technology news site CRN reported, citing sources close ... Read More »
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