{"id":857520,"date":"2024-09-20T07:28:14","date_gmt":"2024-09-20T01:58:14","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=857520"},"modified":"2024-09-20T07:32:41","modified_gmt":"2024-09-20T02:02:41","slug":"ciscos-second-2024-layoff-5600-jobs-cut-shifts-focus-to-ai-growth","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/20\/ciscos-second-2024-layoff-5600-jobs-cut-shifts-focus-to-ai-growth\/","title":{"rendered":"Cisco&#8217;s second 2024 layoff: 5,600 jobs cut, shifts focus to AI growth"},"content":{"rendered":"<p>Cisco, a leading US tech company, has recently laid off thousands of employees in what marks its second significant job cut this year, according to a report by The Times of India. <\/p>\n<p>A report by TechCrunch, as mentioned by the news report, reveals that approximately 5,600 jobs, representing 7 per cent of Cisco\u2019s workforce, are being laid off as part of the company\u2019s ongoing cost-management efforts amid declining demand. Cisco is also concentrating on investments in artificial intelligence (AI) as part of its strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cisco, a leading US tech company, has recently laid off thousands of employees in what marks its second significant job cut this year, according to a report by The Times of India. A report by TechCrunch, as mentioned by the news report, reveals that approximately 5,600 jobs, representing 7 per cent of Cisco\u2019s workforce, are being laid off as part of the company\u2019s ongoing cost-management efforts amid declining demand. Cisco is also concentrating on investments in artificial intelligence (AI) as part of its strategy.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-857520","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/857520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=857520"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/857520\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=857520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=857520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=857520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}