Dell, EMC, Dell Technologies, Cisco,

Sunday, August 21, 2016

As technology shifts more layoffs loom at tech companies

Companies that traditionally have made most of their money selling computers, chips, servers, routers and other equipment are especially vulnerable, analysts say, as mobile applications and cloud computing become increasingly important. The #Cisco layoffs come in the wake of Intel's announcement in April that it was laying off 12,000 workers. #Dell Incsaid in January it had shed 10,000 jobs and is expected to make further cuts after it closes a $67 billion deal to acquire data storage company #EMC Corp. #Oracle

http://mobile.reuters.com/article/idUSKCN10T02R

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