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Cisco CEO: 'A lot of noise' on HPE-Juniper deal but 'it's a little early'

Hewlett Packard Enterprise's plans to buy fellow networking provider Juniper Networks is putting some tech leaders on the edge of their seats to see how the deal. ....

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Tech layoffs this week: Cisco cuts more than 4,000 jobs; Paramount lays off 800 employees; Instacart, Mozilla, and others announces job cuts |

The tech industry’s massive wave of layoffs in 2024 has shown no signs of slowing down, with several major companies across the sector announcing job cuts just this week. Read more to find out the details of the layoffs and how it will impact these companies. ....

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Cisco falls on tepid networking gear demand amid AI focus, Telecom News, ET Telecom

"Things have gone from bad to worse, with Cisco drastically cutting FY24 expectations a 4th time as management overestimated that demand would return in F2H24, when the reality is we are in a networking downcycle ex-AI investments," said James Fish, analyst at Piper Sandler. ....

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Tech Giant Cisco Lays Off 4,000+ Employees to Concentrate on AI

Networking giant Cisco is laying off more than 4,000 employees to shift focus and resources towards developing its AI capabilities. ....

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