Tech layoffs cross 1 lakh: Cisco, Microsoft cut more jobs in September; and other ‘job cut warnings’

Tech companies continue significant layoffs in 2024, with IBM, Microsoft, and Cisco majorly affected. IBM’s cuts focus on senior roles while Microsoft reduces its gaming division. Cisco plans a 7% workforce reduction. Smaller firms like Dozee and WeTransfer also face job losses. This indicates ongoing restructuring in the tech industry.