Cisco's layoffs come just two weeks after chipmaker Intel Corp. announced it would cut about 15,000 jobs as it tries to turn its business around to compete with more successful rivals like Nvidia and ...

The tech industry continued its downward spiral in August 2024, with over 27,000 job cuts announced by 40+ companies. This ...

Securities and Exchange Commission. “CISCO SYSTEMS, INC. FORM 8-K.” Cisco Systems. “CISCO REPORTS FOURTH QUARTER AND FISCAL YEAR 2024 EARNINGS.” ...

In February, Cisco laid off 4,000 employees. In an earnings report, Cisco posted net income of $2.16 billion in its most recent quarter, down 45 percent from a year earlier, and revenue of $13.64 ...

Job losses at U.S.-based employers spiked in August to a five-month high of just over 75,000 cut positions for the month, a ...

These are some of the biggest takeaways from the latest quarterly earnings report by the San Jose ... Here’s more on the Cisco layoffs and AI and security opportunities ahead for the vendor ...

Major IT firms such as Intel, IBM, and Cisco have laid off over 27,000 employees across the globe in August 2024 ...

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 ...

Cisco's layoffs come just two weeks after chipmaker ... Intel's quarterly earnings report disappointed investors and its stock took a nosedive following the announcement. In contrast, Cisco's ...