Expedia to cut about 1,500 jobs globally amid moderating travel demand
By Kannaki Deka (Reuters) - Online travel platform Expedia said on Monday it was cutting about 1,500 jobs globally, or about 9% of its total workforce, as part of its "organizational and technological transformation". The restructuring comes after Expedia warned earlier this
Cisco to cut more than 4,000 jobs, lowers annual revenue forecast
By Akash Sriram (Reuters) - Cisco Systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company navigates a tough economy that has led to thousands of layoffs