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
July 21,2020

Mangaluru: As many as 22 students of Shakti PU College wrote second PUC exams and from that 8 students passed 
with distinction, 14 students passed with first class, and achieved 100% results in 
science and commerce streams.

Students from science & commerce dept. PRIYA VIONA DSILVA, SANKALPA 
GIRISH, SHARATH KUMAR, KATHIJA RAHIFA, K.T. THARUN AYYAPPA, 
RAHIL UMAR FARUK, TUSHAR S, KDEEJA SHAHAMA, passed with distinction.

Akshaya Acharya, B Anil Kumar, S Writhwik K.T., K.S. Varun, Madhuraj PC, Nazila 
Fathima, Pratheek S, Rajath R Gujaran, Uruthik, Riza Basheer, Saania Eraam, Shreya 
Somanna, P.B. Sayyed Mohammed Moosa, Viba S, passed with first class,

College Director Dr. K.C. Naik, Secretary Sanjith Naik, Advisory chairman Ramesh K, 
College development Officer Prakiyath Rai, College Principal Prabhakar J.S. and 
Shakthi Residential College principal Vidya G Kamath, praised all the students for their 
performance and also to their teaching staff, who put their efforts and hard works to 
bring their students to this level.

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Media Release
June 12,2020

Mangaluru: Agnes Towards Community (ATC) is a five-year old project of social responsibility undertaken by St Agnes College (Autonomous), Mangaluru to give their students a taste for community service before they leave the portals of the College.  For this purpose the College has adopted five villages in the vicinity of Mangaluru, namely Harekala, Amblamogaru, Munnuru, Kotekar and Hosabettu.  The ATC programmes are undertaken on saturdays wherein all the final year students as guided by their staff members are given hands on experience of community interaction and service.  The four saturdays in a month are divided to plan, prepare, execute and evaluate the whole service exercise.

The year 2019-20 saw a major change in the format of the project. The Science and Arts faculty came together with projects based on the syllabus of study and apply it for their service learning activity.  This was done with the dual purpose of helping students to learn the topic practically in a real social set up and to identify and render useful scientific based practical solutions to the problems faced by the villagers.  

One such problem is water purity. Since water plays an important role in maintaining the human health and welfare, water quality testing is important because it identifies contaminants and prevents water borne diseases. In this regard, Departments of Chemistry and Microbiology took up a project on water analysis.   The major objectives of the project were: 1. To provide hands on experience on water analysis, a topic learnt by the students in their course of study.  2. To test the potability of water sources of the villages, so that the scientific and practical solutions can be provided, wherever needed.  

The first village chosen for the study was Amblamogaru.  The two batches of students (20 students in each batch) were led by Mrs.Prajwal Rao, Assistant Professor, Department of Microbiology and Ms.Smitha, Assistant Professor, Department of Chemistry. They were assisted by Ms.Hezil Saldanha, Assistant Professor, Department of Chemistry in carrying out the project. 

The water samples from different sources were collected in sterilised glass bottles. The students were enthusiastic in collecting water samples and also interacted with the village folk regarding the availability of drinking water supplies. The students under the guidance of faculty carried out the experiments in water analysis in Chemistry and Microbiology Laboratories at St Agnes College. This included testing for parameters such as pH, conductivity, total hardness and turbidity, presumptive, confirmed and completed Coliform test. From chemical analysis, it is found that all parameters satisfy the standards of potable water. Microbiological analysis showed that the water samples were potable for human consumption (No faecal contamination observed). 

The project has been envisaged to help the villagers to have recourse to the information on the results of the tests conducted. The water samples collected for the analysis were found to be potable for human consumption. If the water samples not been found to be potable, the departments had strategized to guide the villagers on useful scientific and practical solutions wherever needed.

This project of Agnes Towards Community (ATC) helped students to go beyond classroom learning, develop practical skills, disseminate knowledge and render service to the community. This activity also provided direct and relevant experiences to the students that deepened and enriched their learning abilities.

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Media Release
March 3,2020

Mumbai, March 3: Mumbai-based Ed tech startup Caymus Tech Ventures has announced inclusion of courses and programs from Harvard Business School, Chicago Booth, Harvard Kennedy School, Harappa Education, The Wharton School, and Stanford Online.

Lore.online users can now discover, compare, and enroll in both online and offline courses and programs including the following:

●  HBS online programs such as Business Analytics, Management Essentials, and Disruptive Strategy.

●  Select courses from the Harappa Habits framework such as Writing Proficiently, Managing Teamwork, and Negotiating Wisely.

●  The Wharton School and Chicago Booth offline executive education offerings, delivered in an face-to-face format, and that touch on topics such as Global Strategic Leadership, Private Equity and Digital Marketing for Executives.

Emerging leaders can tap these offerings to build skills to complement their formal education and experienced professionals can leverage them to hone new age skills required to manage a younger, more globally aware workforce.

Kavita Mehta, Founder CEO, Caymus Tech, says, “Giving our learners the best-fit options has always been our driving factor, which is why we are excited to announce that learners can now access Harvard Business School's highly coveted online programs on Lore and avail quality learning options from anywhere in the world.”

“We are continuously adding quality course providers like INSEAD and Stanford, whose select courses are also live on the platform”, she adds.

Lore.online has also integrated an assessment system in their Learning Pathways, where after undertaking each course, a report is generated which outlines learners technical and non-technical strengths and weaknesses. The platform now also shows open jobs for which a learner can also apply.

Caymus’ enterprise platform LoreForTeams, which was rolled out in Nov 2019, has been updated with additional features.

The new look now comes with a dashboard, new UI for Lore-curated learning lists, discussion features and a personalised learning feed. LoreForTeams, a learning experience platform (LXP), is aimed at working professionals in mid size companies. By adding the LoreForTeams functionality layer, Caymus aims to offer a revolutionary platform for skilling. This segment is seeing tremendous growth as more working professionals look for learning options to upskill themselves and stay relevant in shifting employment and business environments. The global demand for such platforms is north of $200 billion and in India, demand is nascent yet growing and expected to reach $10 billion by 2025.

Kavita Mehta, Founder CEO, Caymus Tech, says, “We heard what our customers and users were telling us. They want a real time view of what their teams are learning, a two way feedback system, and a more focused curation of learning options. Thus, we decided to add these features in LoreForTeams platform so that learning never stops and working professionals continuously find relevant courses to upskill themselves. Our vision is to democratize learning so that everyone has equal access to the best options out there.”

About Caymus Tech Ventures

Caymus Technology Ventures (Caymus) is a Mumbai-based ed-tech start-up focused on bridging the massive skill gap in the global workforce. The Company was founded in 2018 by Kavita Mehta, who earlier led Asia’s leading education consultancy. Caymus, with its expansive, integrated, and holistic perspective, believes in driving empowerment on the bedrock of education, skills, and technology. The Company‘s robust machine learning (ML) and artificial intelligence (AI) powered platforms help recent graduates and experienced individuals identify targeted opportunities for personal and professional development.

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