San Francisco, CA

San Jose, CA

Columbus, OH

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Golden Gate Media

Cisco Systems announced Wednesday that it will lay off 7% of its workforce, marking the second round of significant job cuts for the San Jose-based tech giant this year. The move, detailed in a filing with the Securities and Exchange Commission, is expected to impact at least 5,500 employees, following the company’s previous reduction of around 4,000 jobs in February.

California tech giant to slash 7% of its workforce impacting thousands of workers

Cisco announced a restructuring plan which involves cutting its global staff of 90,400 by 7 per cent, a loss of more than 6,300 jobs, while CEO Chuck Robbins (pictured) explained a move to bring its networking, security and collaboration teams under one umbrella. The company stated in a US Securities...

Cisco cuts 7% of staff, realigns portfolio

Fox Business

The summer has brought announcements of job cuts at a slew of different companies, including Cisco, Paramount Global and Axios.

Layoffs announced at multiple companies this summer

ITPro

The Cisco job cuts mark the second wave of layoffs for the tech giant so far in 2024

Cisco to cut thousands of roles in second batch of layoffs this year

TechRadar

Cisco has confirmed major job cuts as the networking giant continues to address recent struggles and rising costs.The company has revealed 7% of its global workforce will be cut, equivalent to thousands of jobs, after sales and revenue fell once again.In its Q4 2024 results, Cisco revealed revenues of $13.6 billion, a decrease of 10% year on year, with total revenue for the whole 2024 financial year reaching $53.8 billion - a decrease of 6% year on year.
Cisco job cuts
The news, which confirms reports from just a few days ago, is the second round of major layoffs at Cisco in...

Cisco confirms major job cuts as revenues fall

The US Sun

KANYE West fans have recently hit the jackpot after buying a storage unit filled with Yeezy merchandise. The owners exclusively told The U.S. Sun their story of finding the never-before-seen products that appeared to be Kanye‘s. Earlier this week, the TikTok account Lockerblocker20 showcased their finds to thousands of viewers in two different videos. In […]

Kanye West fans buy storage unit then quickly realize it’s full of never-before-seen Yeezy designs and creepy items

This stock has crushed the broader S&P 500 since its IPO in 1981. A much larger store base has helped generate significantly greater revenue and earnings. Despite a slowdown, demand should pick up and be healthy for several years into the future. This dominant company has done a fantastic job...

1 Stock That Turned $1,000 Into Nearly $30 Million

Pennsylvania State

102.5 WDVE

Avoid consuming this spice as the side effects could greatly damage your health

Popular Spice Recalled Across Pennsylvania Poses 'Permanent' Health Risk

TheDailyBeast

Fears of an impending U.S. recession sent the Dow Jones Industrial Index tumbling more than 1,000 points in early trading Monday and triggered a panic sell-off in financial markets around the world.Wall Street went into meltdown with the S&P 500 down 4 percent and Nasdaq dropping 5.5 percent. The Dow Jones slipped 3 percent, or 1,197 points by 9.35 a.m. Eastern.Earlier, the FTSE 100 index in London fell by 2.1 percent, and it was followed by the Nikkei 225 in Japan plunging by 12.4 percent, or 4,451 points, the biggest one-day points drop in history.In Paris, the CAC-40 fell by...

Stock Markets Crash Worldwide Over Fears of U.S. Recession

Polk County, FL

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

Fortune

For 89 years Tyson Foods was a family affair—but nobody could protect scion John Randal from his worst instincts.

The youngest Fortune 500 CFO was set up to run his family’s $21 billion chicken empire. His erratic behavior could change that

A-Z-Animals

Gray wolves are skilled hunters and expert survivalists. They can survive in the desert, forest, and snowy tundra. These canines are twice as big as coyotes and can reach speeds of 37 mph! But despite all of their advantages, the forest can be a dangerous place for wolves. When wolves attack moose or caribou, their […]

Wolf Predators: These 4 Animals Won’t Hesitate to Kill and Eat Wolves

San Jose Police Department Press Release Re: Brian Felix Rojas Wanted. On June 7, 2024, at approximately 10:02 PM, San José Police Department Patrol Officers responded to a report of an assault with a deadly weapon at a restaurant located in the 5500 block of Cottle Road. Upon arrival, Officers discovered that multiple male suspects began an altercation with one adult male victim who was eating at the restaurant with his wife and infant child. During the altercation, one of the suspects produced a firearm and discharged a single shot towards the adult male and his family, where other unrelated bystanders were standing. None of the victims were struck by gunfire. All the suspects fled the scene prior to police arrival.

Brian Felix Rojas Wanted in Connection With Gang-Related Shooting in San Jose

California State

Rancho Santa Margarita, CA

KFI AM 640

This is the absolute safest city to live in California!

California Destination Named 'Safest' Place To Live In The Entire State

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

24/7 Wall St.

24/7 Wall Street Insights NVIDIA’s phenomenal bull run and continued prospects warrant a long-term “buy-and-hold” strategy that can span to the next generation, in the view of many investors. Two other stocks with bullish generational prospects are First Isaac Corporation and Advanced Micro Devices.  If you missed out on NVIDIA but looking for some stocks […]
The post Like NVIDIA, These 2 Stocks Could Provide Generational Wealth appeared first on 24/7 Wall St..

Like NVIDIA, These 2 Stocks Could Provide Generational Wealth

Danville, CA

CBS San Francisco

A postal worker was the victim of an armed robbery in the community of Blackhawk near Danville late Wednesday morning, according to authorities.Police and postal inspectors are investigating the armed robbery. Authorities received a call at about 1130 a.m. from a postal worker who said they were robbed while out on their rounds on the 2000 block of Portola.   Chopper footage showed East Bay police are canvassing the neighborhood in search of the suspect. The U.S. Postal Service inspector confirms that they were on scene and investigating.Authorities have not provided any suspect information as far as a description or the type of vehicle they could be in.


Postal worker targeted by armed robber in Blackhawk

Jacksonville, FL

Jacksonville Today

A historic marker could be erected to honor the victims of the racist mass shooting at the Dollar General store in Jacksonville’s New Town neighborhood nearly a year ago. If approved by the Jacksonville City Council, a marker would be installed at Kings Road and Canal Street on Aug. 25, a day before the first anniversary of the shooting, when a white gunman took the lives of three Black people.

Memorial considered to honor Dollar General victims

New York Post

Artificial intelligence could render many jobs such as cashiers and drivers obsolete — leading to widespread social unrest, according to a senior Wall Street finance executive.

Armen Panossian, a co-CEO of the Los Angeles-based investment firm Oaktree Capital Management, told Bloomberg News that AI poses “the biggest risk” because while it “clearly has the potential for very large economic gains,” it will also have “societal impacts.”

“Millions of people could be out of jobs. So who’s going to retrain those people?” Panossian told Bloomberg News.

“If we don’t figure that out, there could be social unrest.”



I asked AI to help with dinner and...

Top Wall Street exec predicts ‘social unrest’ due to AI: ‘Millions of people could be out of jobs’

Santa Clara, CA

Campbell, CA

Milpitas, CA

Sunnyvale, CA

Alviso, CA

Los Gatos, CA

Cupertino, CA

NewsBreak

Cisco Systems will slash thousands of jobs as tech layoffs widen

SAN JOSE — Cisco Systems will slash thousands of workers worldwide, a fresh jolt to a shaky Baty Area economy and an unsettling reminder that the...

Cisco Systems will slash thousands of jobs as tech layoffs widen

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