Cisco stock rose amid fiscal Q4 earnings and revenue that topped estimates while the company's fiscal 2027 sales outlook came in above views.

It sees US$7.5 billion in revenue from AI infrastructure orders from hyperscalers in fiscal 2027 Read more at The Business Times.

From Amazon and Oracle to Meta, Microsoft and Etsy, here are 20 major layoffs announced or carried out in 2026 through August ...

As major technology companies slash 63,000 jobs in June to fund massive investments in automation, the sector's redundancy ...

Tech giants are pouring hundreds of billions into AI while quietly gutting the workforces that built them, and the labor data ...

According to a report from TradingPlatforms, nearly 88.6 per cent enterprise software layoffs this year have occurred at ...

Global technology companies have announced 1,63,427 layoffs since the start of 2026, with AI cited as a factor in 91,215 of ...

Visa employs more than 3,500 people across its Indian technology and corporate centres, but one India-based unit of 28 ...

If it feels like every other week brings news of another tech company cutting jobs, you’re not imagining it. Microsoft just confirmed it has eliminated around 4,800 roles, about 2.1 percent of its ...

Oracle says AI deployment contributed to workforce reductions as its employee count fell by 21,000, while the company ...