Big Tech layoffs to hit thousands of employees

Tech-Company-Mass-Layoff

Important Takeaways:

  • Despite tech conglomerate Cisco posting $10.3 billion in profits last year, it’s still laying off 5,500 workers as part of an effort to invest more in AI, SFGATE reports.
  • It joins a litany of other companies like Microsoft and Intuit, the maker of TurboTax, that have used AI as justification for the mass culling of its workforce.
  • The layoffs at Cisco came to light in a notice posted with the Securities and Exchange Commission this week, affecting seven percent of its staff.
  • In a short statement, CEO Chuck Robbins used the term “AI” five times, highlighting the company’s efforts to keep up in the ongoing AI race.
  • Earlier this year, Cisco also laid off 4,000 or five percent of it staff, saying that the company wanted to “realign the organization and enable further investment in key priority areas.”

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Better buy your Thanksgiving turkey now as resurgent of Bird Flu wipes out supplies

Revelations 18:23 ‘For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’

Important Takeaways:

  • A Resurgent Bird Flu Is Wiping Out Egg, Turkey Supplies Across America
  • Turkeys are selling for record high prices ahead of the Thanksgiving holiday as a resurgence of bird flu wipes out supplies across the US.
  • Avian influenza is devastating egg and turkey operations in the heartland of the country. If just one bird gets it, the entire flock is culled in order to stop the spread. Millions of hens and turkeys have been killed in recent weeks. As a result, prices for turkey hens are nearly 30% higher than a year ago and 80% above pre-pandemic costs. Just as concerning are inventories of whole turkeys, which are the lowest going into the US winter holiday season since 2006. That means there will be little relief from inflation for Thanksgiving dinner.

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37 million chickens and turkeys culled due to worst outbreak of Avian Flu

Revelations 6:8 “I looked, and behold, an ashen horse; and he who sat on it had the name Death; and Hades was following with him. Authority was given to them over a fourth of the earth, to kill with sword and with famine and with pestilence and by the wild beasts of the earth.”

Important Takeaways:

  • Bird Flu Outbreak Nears Worst Ever in U.S. With 37 Million Animals Dead
  • A bird flu virus that’s sweeping across the U.S. is rapidly becoming the country’s worst outbreak, having already killed over 37 million chickens and turkeys, with more deaths expected through next month as farmers perform mass culls.
  • Under guidance of the federal government, farms must destroy entire commercial flocks if just one bird tests positive for the virus, to stop the spread.
  • In Wisconsin, lines of dump trucks have taken days to collect masses of bird carcasses and pile them in unused fields. Neighbors live with the stench of the decaying birds.
  • The crisis is hurting egg-laying hens and turkeys the most, with the disease largely being propagated by migrating wild birds that swarm above farms and leave droppings that get tracked into poultry houses

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Bird flu kills thousands of cranes in Israel, poultry also culled

JERUSALEM (Reuters) -An outbreak of avian flu has killed more than 5,000 migratory cranes in Israel, prompting authorities to declare a popular nature reserve off-limits to visitors and warn of a possible egg shortage as poultry birds are culled as a precaution.

Prime Minister Naftali Bennett met his national security adviser and other experts to discuss efforts to contain the outbreak and prevent it passing into humans. So far no human transmission has been reported, Bennett’s office said.

Israeli media said children who had visited the reserve may have touched a stricken crane and thus contributed to the spread of the flu.

“This is the worst blow to wildlife in the country’s history,” Environment Minister Tamar Zandberg tweeted as rangers in hazardous material suits collected carcasses of the cranes from the lake at the Hula Nature Reserve and outlying marshes.

Hundreds of thousands of chickens had been culled, she said.

Authorities were looking to ease import quotas and bring in eggs from abroad to head off an egg shortage due to the cull.

(Writing by Dan Williams; Editing by Kirsten Donovan and Aliosn Williams)