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Last Updated: October 17, 2024, 2:43 PM IST An Indian-origin founder opted for a unique strategy to create financial benefits for his employees. Those who used to work in the start-up AppDynamics have now become millionaires. In 2017, Jyoti Bansal, the founder and chairman, received a fascinating offer from Cisco, which wanted to acquire his…
New Delhi: Tech giant Cisco has announced another round of layoffs, affecting about 5,600 employees which accounts for around 7 per cent of its global workforce. This follows a similar downsizing in February, when Cisco laid off over 4,000 employees earlier this year. Cisco, in August 2024 hinted at plans to cut staff. However, the…
Tech companies in August 2024 continued their wave of job cuts with over 27,000 employees from more than 40 companies. This includes major names like Intel, IBM and Cisco facing layoffs. This adds to the growing total of the year with over 136,000 tech workers laid off by 422 companies so far. Here’s a closer…