Cisco Systems saw "greater degrees of caution" related to product ordering during its fiscal Q2 in 2024, which lowered product revenues. At the same time, the tech.
SAP is implementing a company-wide restructuring this year in a move that will include job buyouts and job changes for up to 8,000 employees or more than 7 percent.
Xerox Holdings Corp. said Wednesday it will cut 15 per cent of its workforce, a little more than 3,000 employees, this quarter as the printer and copier giant announced.
The total number of confirmed VMware jobs cut by Broadcom have amounted to 2,149 a little more than a week after the chipmaker closed its $6bn deal for the virtualisation.
Hewlett Packard Enterprise's North America sales team has been hit by layoffs even as the company plans to hire new sales specialists as part of a stepped-up focus.