layoffs

Cisco cuts thousands of jobs in second round of layoffs amid shift to AI: report

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Cisco cuts thousands of jobs in second round of layoffs amid shift to AI: report

Cisco will cut thousands of jobs in a second round of layoffs this year as the networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the matter said. The number of people affected could be similar to or slightly higher than the 4,000 Cisco employees laid off in February, … Read more

Exclusive | Wedding giant The Knot Worldwide cuts 4% of workforce in restructuring

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Exclusive | Wedding giant The Knot Worldwide cuts 4% of workforce in restructuring

Knot Worldwide cut about 4% of its global workforce this week as part of an internal restructuring at the wedding planning giant, The Post has learned. Approximately 100 employees were laid off in The Knot’s sales and marketing teams, according to sources familiar with the matter. The company began notifying affected workers on Tuesday. A … Read more