The current layoffs, while still significant, are not as extensive as the previous round. As SFgate reports, these workforce reductions are part of Cisco’s ongoing efforts to restructure the ...
Thousands of Cisco employees will be affected by a new layoff round, which could be announced next week, according to a Reuters report. Cisco will reportedly lay off around 4,000 employees in its ...
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 ...
Cisco Systems reported fiscal first-quarter earnings that exceeded analysts’ expectations and raised its full-year forecast, ...
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.
Cisco's revenue dropped 6% in the quarter ended Oct. 26, from $14.7 billion a year earlier, according to a statement. Net ...
Initial reports indicated over 700 job losses ... had already lost over 136,000 jobs across 422 companies, with Intel, IBM, ...
the report said, as the company transition from its hardware roots into a software-centric organization. The layoff is part of Cisco's broader plan to cut 15% of its overall costs, Techcrunch ...
The people hardest hit are those involved in Cisco's alliance with EMC and other data center businesses, Jim Duffy at Network World reports. There's unconfirmed rumors that the layoffs include ...
Cisco Systems exceeded Wall Street expectations in its first-quarter earnings report, driven by a growth in demand for its ...
Cisco is the dominant vendor in enterprise networking, and under CEO Chuck Robbins, it continues to shake things up. Its most recent mega-acquisition is its $28 billion purchase of Splunk, a bold ...