However, partners said they are waiting to hear if some of their key contacts within the company have been put on the chopping block before they gauge the immediate impact of the job eliminations. "My ...
Cisco surprised investors Wednesday after announcing it planned on eliminating 4,000 jobs due to weaker-than-forecasted sales growth of 3-5 percent for the current quarter ended Oct. 31. Cisco ...
SAN JOSE — Cisco Systems will slash thousands of workers worldwide, a fresh jolt to a shaky Bay Area economy and an unsettling reminder that the region’s tech layoffs have yet to run their course. The ...
Cisco’s recent move to cut thousands of jobs continues what has been a broad slashing of employees across the cloud and telecommunications ecosystem in 2024 and could be set to continue through the ...
The decision to cut 6,500 jobs from Cisco despite strong financial results was necessary to ensure the future sustainability of the company, according to CEO and president John Chambers. In August, ...