Stay updated with breaking news from Third Bridge. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Cisco Systems plans to cut 5% of its workforce or over 4,000 jobs, due to weak demand and a tough economy. The company also lowered its annual revenue target.
Cisco Systems said it would cut 5 per cent of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company navigates a tough economy that has led to thousands of layoffs by tech firms this year. Shares of the networking equipment maker fell more than 5 per cent in ext
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
Cisco to lay off 5% of its global workforce as stock slides on weak guidance - SiliconANGLE
Cisco Systems announced on Thursday that its cutting over 4000 jobs across multiple departments amid cost cutting calls.