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CSCO Berita Forex
Cisco Lifts FY26 View After Strong Q3, Plans Around 4,000 Job Cuts; Stock Climbs
Shares of Cisco Systems Inc. were climbing around 20 percent in the overnight trading and are up 17 percent in pre-market activity on Nasdaq after the tech major raised fiscal 2026 outlook following double-digit growth in top and bottom-line in its third quarter. Further, amid the AI-focused restructuring, the firm announced a reduction of fewer than 4,000 jobs in the fourth quarter...
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20 hari yang lalu
Cisco To Cut 7% Jobs, Sees $1 Bln Charges In Restructuring; Stock Up
Shares of Cisco Systems Inc. were gaining around 8 percent in the pre-market activity on the Nasdaq after the technology conglomerate, in its fourth-quarter earnings call, announced a restructuring plan with around 7 percent cut in its global workforce. The move, which is expected to allow the firm to invest in key growth opportunities and drive more efficiencies in its business, would result...
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657 hari yang lalu
Cisco Plans More Than 4,000 Job Cuts Amid Outlook Warning, Stock Dips
Networking equipment maker Cisco Systems Inc. announced its plans to cut 5 percent of its global workforce, which comes to more than 4,000 jobs, as part of its ongoing restructuring efforts. The news comes as the company trimmed its earnings and revenue outlook for fiscal 2024 citing weak demand and a tough economy. Following the announcement at the second-quarter earnings call on Wednesday,...
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839 hari yang lalu
Cisco's Webex To Transform Mercedes-Benz E Class Cars Into Home Office
Cisco Systems, Inc. is teaming with German auto major Mercedes-Benz to provide an optimal mobile office experience in its new E Class vehicles. Cisco said its partnership with Mercedes-Benz, which was announced at Mobile World Congress, will transform the car into a home office at the present era of hybrid work and connected vehicles.
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1192 hari yang lalu
