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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Agencies
July 3,2020

New Delhi, Jul 3: The Delhi High Court on Friday refused to entertain a plea challenging Karnataka government's decision to impose a 25 percent domicile reservation in the National Law School of India University in Bengaluru.

A division bench of Justice Hima Kohli and Justice Subramonium Prasad observed that the impugned law is passed by the State of Karnataka, and the respondent university is also situated in Karnataka.

The court granted liberty to the petitioner to move the appropriate forum with their grievances.

The Karnataka Assembly had passed the National Law School of India (Amendment) Act, 2020 in March this year, which provided a 25 per cent horizontal reservation for students of Karnataka in the NLSIU.

The High Court observed that the main contesting parties in the present case were the NLSIU and the Karnataka Government. As the court did not show any interest in entertaining the plea, the petitioner withdrew the plea.

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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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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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