Tech Giant Cisco Lays Off 4,000+ Employees to Concentrate on AI
Networking giant Cisco will lay off more than 4,000 employees as it shifts focus and resources to developing AI capabilities. of new york post report Multinational technology conglomerate Cisco has announced plans to cut more than 4,000 jobs across its global workforce to direct resources to AI initiatives. The layoffs will represent about 5% of […]
Cisco to lay off more than 4,000 employees to focus on AI
Cisco has revealed plans to reduce its workforce by 5% to increase its focus on artificial intelligence. The technology giant has approximately 4,250 employees worldwide. San Jose, Calif.-based Cisco said the layoffs will cost the company about $800 million in pre-tax losses related to severance and benefits, and will increase the company’s investment in high-growth […]
Chilling ‘Quiet On Set’ Trailer Shows Nickelodeon Stars, Employees Opening Up About Creator Dan Schneider: “Working For Dan Was Like Being In An Abusive Relationship”
A shocking new documentary promises to usher in a new era of comedy from the likes of Amanda Bynes and Miranda Cosgrove, ushering in the so-called Golden Age of Nickelodeon. ID has released the first look at the much-awaited documentary. Quiet on Set: The Dark Side of Kids TV is a two-part documentary that exposes […]
NFL Owners Unhappy with 49ers’ Compensatory Picks for Developing Employees of Color
Some NFL owners are reportedly unhappy with the number of compensatory picks given to the San Francisco 49ers for developing minority prospects. This rule gives teams where a minority coach or executive is hired by another team two compensatory third-round picks if the minority hire becomes head coach or general manager. . This rule has […]
Former Massachusetts Officer of the Year charged after allegedly shoving Disney World employees, deputy
A Massachusetts State Police detective was arrested last month at Walt Disney World on suspicion of pushing a police officer while drunk and carrying a child, and threatening to kill the employee, according to reports. Duane Danforth, 38, was charged with assault on a law enforcement officer and resisting an officer without violence. The incident […]
‘Line Their Own Pockets’: 70 Employees Indicted In Historic New York City Public Housing Corruption Case
The Department of Justice (DOJ) announced Tuesday that it has indicted 70 current and former New York City Housing Authority (NYCHA) employees on corruption-related charges. The 70 federal bribery indictments are the most brought in a single day in Justice Department history, and the department arrested 66 of the defendants in four states Tuesday morning. […]
NLRB Rules Dartmouth Men’s Basketball Players Employees
The National Labor Relations Board (NLRB) issued a historic ruling Monday declaring Dartmouth’s men’s basketball team to be employees and therefore eligible to form a union. In a 26-page ruling, the NLRB said the players could be classified as employees under U.S. labor law because they are paid by the university. “Because Dartmouth has the […]
Snap laying off more than 500 employees
Snapchat’s parent company, Snap, said in a regulatory filing on Monday that it plans to lay off more than 500 employees. The company said in a filing with the Securities and Exchange Commission (SEC) that it will reduce its workforce by approximately 10% worldwide. This equates to approximately 540 employees, based on Snap’s latest employee […]
Group of Kentucky middle school employees wins $1M lotto, hides ticket in math textbook
A group of 30 current and former employees of a Kentucky middle school won a $1 million jackpot by hiding the winning ticket in their math textbooks. The educators call themselves the “Jones 30,” after the President A. Jones Middle School in Florence where they all met. According to a press release, the group’s organizer, […]
Former employees file class-action lawsuit against news startup The Messenger
Former employees of The Messenger, a news startup that abruptly went out of business on Wednesday, filed a class-action lawsuit Thursday against the company. The Messenger, a digital media company founded in May 2023, told employees Wednesday afternoon that it would be shutting down. As of Wednesday night, readers trying to access the site only […]