Cisco Systems forecast quarterly revenue and profit above Wall Street estimates after posting upbeat first-quarter results, ...
Companies have ramped up investments in AI technologies which require heavy computing power, creating a spike in demand for ...
Cisco’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 ...
This marks its second round of layoffs this year, with the Cisco Systems cutting 5% of its labor force back in February. Cisco also provided an outlook for the first quarter and new fiscal year.
Tech layoffs continue as Mozilla, X, Samsung, and other major firms implement job cuts in 2024, citing restructuring, ...
As of August, the tech industry had already lost over 136,000 jobs across 422 companies, with Intel, IBM, and Cisco among ...
October 03, 2024, 8:19 AM ESTCareer & Workplace August 15, 2024, 2:04 PM ESTTechnology August 14, 2024, 8:15 AM ESTCareer & Workplace July 31, 2024, 8:12 PM ESTRetailing July 01, 2024, 12:16 PM ...
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 ...