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Cisco will cut thousands of jobs in a second round of layoffs this year as the networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with ...
Cisco layoffs come amid focus on AI, GenAI, security and networking. ... above Wall Street consensus by $215 million, according to a report from William Blair.
Cisco also reports earnings on August 14. They may be trying to get ahead of another poor-performing quarter and throwing all the bad news into the ‘kitchen sink.’” ...
Tech company Cisco (CSCO) is planning to announce another round of layoffs, according to Reuters, where it will cut thousands of jobs as it shifts focus to areas like cybersecurity and AI. This ...
Here are some details of the recent layoff disclosures affecting tech workers in the Bay Area, according to the state EDD reports: — Cisco, 53 job cuts in San Jose. The networking company says ...
14:03 -- Cisco Systems is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. The company is planning to cut thousands of workers ...
Networking equipment maker Cisco could let go of a similar or slightly higher amount of staff than the 4,000 layoffs it announced in February, Reuters reports. – Sebastian Moss ...
RESEARCH TRIANGLE PARK, N.C. (WTVD) -- A major shakeup could soon come to the tech industry as stalwart giant Cisco may be undergoing another round of layoffs as early as Wednesday. Reuters first ...
It's the second major round of layoffs this year for Cisco, which said in February that it was eliminating 5% of its workforce, or over 4,000 jobs. Cisco had 84,900 employees at the end of fiscal ...
Cisco could be looking to eliminate thousands more jobs on top of the approximately 4,000 layoffs that were announced earlier this year, the report said.Reuters noted that the company could make ...