Dragos CEO Robert M. Lee sent an email to the company today (US time), to share the news about a layoff of 50 Dragos employees. Details include why this decision, was necessary to maintain the company’s trajectory as a business, ensure long-term continued growth and success, and continue to deliver on the company’s mission for their customers.

Forget the great resignation, it's the mass layoff. Experienced tech industry workers have long enjoyed being on the supply end of a demand-and-supply chain in their favour. Yet, a spate of mass terminations across industry giants is gaining momentum.

Chinese telecommunications equipment vendor Huawei Technologies is reportedly planning to lay off a large number of staff from its operations in the US due to its being placed on Washington;'s Entity List which prevents it from using American components unless specific permission is granted.

Global networking giant Cisco is cutting hundreds of full-time staff, with one employee saying on the Web forum thelayoff.com that his team was told about being sacked by the vice-president of the section.

The enterprise arm of the former Hewlett Packard is continuing to cut staff as it moves towards a merger of its software assets with British mainframe group Micro Focus announced in September.

Australian retail duopolist Coles has cut more than 400 support staff from its Melbourne ‘Starship Enterprise’ headquarters, most of them in IT.

The Cisco shine has well and truly worn off. After disappointing financial results the company will be sacking another 6000 workers.

The team behind BioShock 2 and recent flop The Bureau: XCOM declassified has reportedly been forced to lay off a high number of staff, and may have closed down altogether.

News reports say RIM is cutting 2000 jobs from the company in what is deemed to be a 'prudent and necessary step'.

With half of MySpace's staff getting the sack following the buyout by Specific Media, will Justin Timberlake's upcoming 'MySpace exclusive' score a home run with end-users, or fail to get past first base?