Cisco Gives Tepid Annual Forecast, Overshadowing Strong Results
Cisco Systems Inc., the biggest maker of computer networking equipment, delivered better-than-expected quarterly results and an upbeat outlook for the current period, but a conservative annual forecast brought a muted reaction from investors.
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Cisco Announces 4,150 Layoffs, Shifts Focus to AI and CloudCisco’s latest round of layoffs will impact approximately 4,150 employees, which is about 5% of its total workforce. As of July 2023, the company had around 83,000 employees worldwide.
Dinner at famed Japanese restaurant Nobu was followed by a trip to a nightclub — then a co-worker’s visit to a hospital, ...
Here’s more on the Cisco layoffs and AI and security opportunities ahead for the vendor and its partners. Cisco confirmed massive layoffs Wednesday with plans to cut about 7 percent of its ...
Cisco Systems exceeded Wall Street expectations in its first-quarter earnings report, driven by a growth in demand for its ...
The move follows other cutbacks among longtime Silicon Valley companies. Cisco Systems Inc. is eliminating more than 6,000 ...
Tech layoffs continue as Mozilla, X, Samsung, and other major firms implement job cuts in 2024, citing restructuring, ...
Meanwhile, Cisco continues to weather the tech industry’s ups and downs, balancing supply constraints, layoffs and restructuring plans. Here’s the latest Cisco news and analysis. Cisco pumps ...
The decrease in layoffs, however, raises the possibility that businesses are adapting to the current economic environment and ...
SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Cisco Systems Inc. (CSCO) on Wednesday reported fiscal first-quarter profit of $2.71 billion. The San Jose, California-based company said it had net ...
While tech investors hailed Arm and Qualcomm’s results, this week’s attention is on Alibaba and Cisco earnings. Alibaba, ...
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