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

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.

cisco

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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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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Media Release
January 8,2020

Mangaluru, Jan 8: The centenary year of St. Agnes College got off to a grand start on January 3, 2020 with a day of commemoration that involved staff, students, alumni and benefactors. The college is all set to celebrate its centenary with the community of Mangaluru on January 10, 2020 from 9.30 a.m. to 6.30 p.m with a daylong festival – Knowledge Factory. It will be held at the newly inaugurated air-conditioned auditorium with over 1000 attendees expected to be present. 

KNOWLEDGE FACTORY is the first of the five mega centenary programmes that St. Agnes College has envisaged.  The Promise Foundation and niiti Consulting – two organisations headquartered in the national capital under the mentorship of veteran journalist Madhavan Narayan are collaborating with the college to bring this event to Mangaluru for the first time.  A dozen icons will share the stage throughout the day and bring forth their thoughts and ideas enabling a culture of learning through fire-side chats and keynotes. 

The speakers include Lisa Ray, Indo-Canadian Actor and Author; Sunil Buch, Director, Live Nation; Dipannita Sharma, Actor and Supermodel; Kriti Tula, Co-Founder and Creative Director, Doodlage; Nandini Srikar, Singer and Composer; Prakash Belawadi, Movie and Theatre Actor,  Manasi Paresh Kumar, Senior Journalist; Swati Pande, Co-Founder and CEO, Arboreal; Anuradha Kedia Parekh, Co-Founder, The Better India; Arokiaswamy Velumani, Founder and Chairman, Thyrocare Technologies; Heena Sidhu, the former world  number 1 pistol shooter. The event anchor will be the celebrity news reader Rini Simon Khanna who has been anchoring the event since its first edition in 2017.

Gaurava Yadav, a well-known quiz master will conduct a quiz focussed on History.  Based on a written prelims that will take place at 8.15 am in the designated room, four teams of two members each will compete in the finals at 4.45 pm. The winning team will receive a prize of INR 30,000 and the runner up team will receive INR.20,000/-    

The event is put together by social entrepreneurs - Meena Vadiyanathan and Amith Prabhu (who is of Mangalorean origin). All who desire to attend the event and participate in the quiz may buy donor passes costing Rs 500/- per head which includes lunch.  Sale of donor passes will close on the 8th. The college cordially invites the community of Mangaluru to join hands with it in making this programme a great success. 

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Media Release
March 4,2020

Mangaluru, Mar 4: With an objective to create awareness among children about the importance of consumption of fruits in regular diet, First Steps Pre-School, Kudroli, celebrated Fruits Day on Friday 28th February 2020 with fun and frolic.

The tiny tots of preschool celebrated Fruit Day. Children, representing the fruits of their choice sang the fruit rhymes with great zest, enthusiasm and vigour, enjoying the moments of joy and happiness in the company of their mates & teachers.

Teachers had made interesting and simple stories on encouraging children to have fruits in their meals. The teachers also explained the importance of fruits’ intake in diet for mental and physical growth. The tiny tots also learned more about the taste, smell,

color and texture of each fruit. Children clearly understood the importance of washing the fruits before eating or cooking and about the benefits of eating fresh fruits.

All the children were found to be quite thrilled and were positive on the fact that fruits are better than junk food.

The head teacher Himna S. Ahmed, teacher Azeema and Master Shehzan S. Ahmed arranged the event in an impressive manner which added feather to the event.

The event magnificently concluded with fruit feast for the kids of pre-school.

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