Hey Giant Profitable Company... Lay Off with The Layoffs (Fortnightly News Update)

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Major tech companies are making significant moves with mergers, acquisitions, and layoffs as the industry continues to evolve rapidly and face new challenges in the market.

• Rumors suggest Arista Networks is acquiring VeloCloud from Broadcom for nearly $1 billion, potentially strengthening Arista's SD-WAN offerings
• Charter and Cox Communications are merging to combat declining cable relevance, continuing the trend of telecom mega-consolidation
• Microsoft laid off 6,000 employees (3% of workforce) despite reporting $25.8 billion quarterly profit
• Microsoft openly stated layoffs will fund AI capital investments, with plans for continued annual cuts
• Microsoft announced it will host rival AI models in its data centers and is launching a new autonomous coding agent
• Security concerns arise as Microsoft plans to give AI agents "digital identifiers" similar to human employees

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Check out the Fortnightly Cloud Networking News
https://docs.google.com/document/d/1fkBWCGwXDUX9OfZ9_MvSVup8tJJzJeqrauaE6VPT2b0/

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