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Cisco Systems To Lay Off Nearly 14,000 Employees: Report

[email protected] (Agencies)
August 17, 2016

Aug 17: Cisco Systems Inc is laying off about 14,000 employees, representing nearly 20 percent of the network equipment maker's global workforce, technology news site CRN reported, citing sources close to the company.

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San Jose, California-based Cisco is expected to announce the cuts within the next few weeks, the report said, as the company transition from its hardware roots into a software-centric organization.

Apart from Cisco, two other big software companies, Microsoft Corp and HP Inc, have also announced job cuts this year.

Microsoft said in July that it would lay off about 2,850 jobs over the next 12 months, taking its total planned job cuts to up to 4,700, or about 4 percent of its workforce.

HP Inc said in February it would cut about 3,000 jobs by the end of fiscal 2016.

Cisco, which had more than 70,000 employees as of April 30, declined to comment.

Cisco increasingly requires "different skill sets" for the "software-defined future" than it did in the past, as it pushes to capture a higher share of the addressable market and aims to boost its margins, the CRN report said citing a source familiar with the situation.

Cisco has been investing in new products such as data analytics software and cloud-based tools for data centers, to offset the impact of sluggish spending by telecom carriers and enterprises on its main business of making network switches and routers.

The company has already offered many early retirement package plans to Cisco's employees, according to CRN.

Up until Tuesday's close of $31.12 on the Nasdaq, the company's stock had risen about 15 percent this year, compared with a 10.5 percent increase in the Dow Jones U.S. Technology Hardware & Equipment index.

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Press Release
January 3,2020

Mangaluru, Jan 3: Vishruth Bhat, a Class VI student from CFAL is the topper in Dakshina Kannada District in the first round of the VVM examination (VI Standard category) and now advances to the ‘State Level Camp’.  Proving their mettle, 12 students from CFAL have qualified for the “State Level Camp” of Vidyarthi Vigyan Manthan (VVM) - a national programme to educate and popularise science for classes VI – XI. A total of 129 students are selected from Karnataka to participate in the State Level Camp, out of which around 9.30% students are from CFAL. These students were selected on the basis of their performances in the first stage, an online exam. The State level camp shall include written test, observational analysis of video clips, situation problem solving and hands on activities.

The selected students are:  B Vishruth Bhat, Pratham D, Chinmayee Adiga, Chirag J Sunil, Nidhi Noronha, K Sai Prathiksha, Aryan Atul Surana, Rakshith K R, Anupama Kamath, Krithi, Mavith Saldanha and Vignaraj. Among the selected students Kirti, Mavith and Vihnaraj are TLC PU College students.

About VVM:

VVM is a national program jointly organized by Vijnana Bharati, NCERT and Vigyan Prasar for educating and popularizing science among the school students of Classes VI to XI. The main objective of the program is to identify keen knowledge seekers in Science and then nurture them for higher level of science education. Students participating in VVM undergo the following multi-level testing procedures:

•        Objective type question answering

•        Comprehensive writing

•        Presentation and Group discussion

•        Role play

•        Practical examination

•        Methods of Science

The program also includes organising visits to reputed National Science Laboratories and Centres. To enable deserving students to have interaction with renowned scientists of the Nation. The VVM will identify Vigyan Jigyasu (Keen Knowledge Seeker of Science) at National level.  

This exam is conducted in three phases.  The first phase is an online exam conducted in the school itself.  In the second phase (State level camp) top 20 rankers per class, per state will be identified to participate in two days State Level Camp. Eminent scholars and scientists from different fields will guide the students. Practical examination will be conducted to select top 2 students from each class to participate in the national camp. Toppers will get certificates and cash awards.

In the third phase (National camp) which is a 2-day camp, comprise presentations, scientific understanding, innovation, and creativity, out of box activities and assessment of leadership qualities. Toppers are awarded with certificates and cash awards.

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News Network
August 9,2020

The core objective of the new National Education Policy (NEP), which has given freedom for amalgamation of different concepts, will be translated into action through the National Curriculum Framework, CBSE director said on Friday.

CBSE Director Biswajit Saha made the comments during an e-conclave on the new NEP organised by the PHD Chamber of Commerce and Industry.

“The core objective of the policy will be translated into action through the National Curriculum Framework (NCF), which needs more participatory approach. The policy has given freedom for amalgamation of different concepts and multidisciplinary approach. The NCF will give a roadmap for implementation of reforms laid down in the policy,” he said.

Saha said the training required for competency-based education and learning outcomes can be achieved with progressive participation of stakeholders.

“There could be a debate about the training required for competency-based education and learning outcomes but once we have decided we want to do it, it can be achieved with progressive participation of stakeholders. It is a forward-looking policy,” the Central Board of Secondary Education (CBSE) director said.

The NEP approved by the Union Cabinet replaces the 34-year-old National Policy on Education framed in 1986 and is aimed at paving the way for transformational reforms in school and higher education systems to make India a global knowledge superpower.

Choice between 3 or 4 year undergraduate courses, multiple entry and exit options in degree courses, adding 3.5 crore seats in higher education institutions, which will now have a single regulator, discontinuation of M.Phil programmes and fixation of fees are among the higher education reforms outlined in the new NEP.

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Media Release
May 26,2020

The Department of Business Administration organised a Webinar on Career Planning and Development for the Under Graduate and PUC students of various colleges on 23 May 2020. Sr Dr Venissa A.C, Principal, inaugurated the programme and conveyed her best wishes. Mr Abhilash K, Managing Director of Abhijnya Education Private Limited was the Resource speaker.

Mr Abhilash said that a student should assess themselves, evaluate their career skills, set career goals in order to implement and maximise their career plan. He listed out the various courses available after completion of PUC/Degree. He also said that the students need to create their own future, assess their strengths, build personality and explore various options available to build their own career. He gave a few tips on how to prepare for the various competitive exams and manage time.

The Webinar had 125 participants from various colleges who actively participated by asking their doubts on Career Planning. The programme was conducted on Google Meet. Dr Neethu Suraj, Assistant Professor of BBA welcomed the Resource speaker and the participants, Mr Elson Dsouza Assistant Professor of BBA delivered the vote of thanks and Mrs Sabina Dsouza HOD of BBA coordinated the programme.

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