The Week Ending Sept. 29
Topping this week's roundup of those having a rough week are hundreds of employees at Cisco's San Jose headquarters who face layoffs in October.
Also making the list this week are Equifax CEO Richard Smith who retired – effective immediately – amid criticism for the July security breach that exposed personal data for 143 million consumers; Deloitte, which was hit by a security breach; airline booking software developer Amadeus, whose system went down this week, disrupting airline and airport operations; and Twitter and Facebook for facing mounting criticism for accepting Russian-paid advertisements that attempted to influence the 2016 election.
Not everyone in the IT industry was having a rough go of it this week. For a rundown of companies that made smart decisions, executed savvy strategic moves – or just had good luck – check out this week's Five Companies That Came To Win roundup.