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Science and Technology

Cisco Systems Announces Significant Workforce Reduction, Plans to Cut 6,000 Jobs

Cisco Systems Announces Significant Workforce Reduction, Plans to Cut 6,000 Jobs

Related media - News 24 hours Cisco Systems, a leading developer of computer networking solutions based in San Jose, California, said it will reduce its workforce by 7 percent, marking its second significant reduction this year. The decision means about 6,000 job losses from its 84,900-person workforce as of July 2023. Earlier this year, Cisco had already cut its workforce by 4,000. Despite the job cuts, Cisco reported net income of $2.16 billion for the latest quarter, a 45 percent decline from the previous year, with revenue falling 10 percent to $13.64 billion. However, those numbers still beat expectations set…
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Elon Musk amplifies his support for Donald Trump through Platform X.

Elon Musk amplifies his support for Donald Trump through Platform X.

More news - Latest news Tech mogul Elon Musk has stepped up his public support for Donald Trump, using his social media platform, X, as a key vehicle for political endorsement. Musk’s support for Trump, which has grown significantly following a recent assassination attempt against the former president, now includes the formation of a PAC to support Trump’s political efforts and publicly criticize his opponents. In a notable move, Musk scheduled a live event with Trump on X for Monday, signaling deeper engagement with the political landscape through his platform. The event is part of Musk’s broader strategy to leverage…
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Meta modifies oversight of Trump’s social media profiles

Meta modifies oversight of Trump’s social media profiles

More news - Recent news Meta is set to change some restrictions previously imposed on the Facebook and Instagram profiles of Donald Trump, the former president of the United States. Initially, in response to his comments praising the actions of those involved in the Capitol riot on January 6, 2021, Meta suspended Trump’s social media accounts indefinitely. However, in early 2023, these platforms reinstated his accounts with a promise to closely monitor any further infractions that could lead to additional suspensions lasting anywhere from a month to two years. As Trump actively campaigns against current US President Joe Biden, aiming…
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Tech glitches trigger widespread disruption, small businesses hit hard

Tech glitches trigger widespread disruption, small businesses hit hard

More news - News 24 hours NEW YORK — Following a faulty software update in Vienna, widespread technology disruptions continued at several airports around the world, causing a significant spike in flight cancellations. According to FlightAware, the United States saw a significant increase in domestic and international flight cancellations, totaling 758, exceeding the numbers typically seen on peak holiday days, with Delta Air Lines the hardest hit. Delta alone accounted for 626 of these cancellations, which represents about 83% of the total cancellations reported. Delta CEO Ed Bastian told passengers that the airline is moving forward to resume normal operations…
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