Cisco Prepares Second Round Of Layoffs Amid Increasing AI Skepticism; Report
https://www.zerohedge.com/markets/cisco ... skepticism
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Cisco (CSCO)
Re: Cisco (CSCO)
by winston » Thu Aug 15, 2024 9:46 am
not vested
Cisco Systems, the biggest maker of computer networking equipment, gave a bullish revenue forecast for the current period thanks to a rebound in orders, but also announced plans to cut jobs as part of a strategy shift.
Sales will be US$13.7 billion to US$13.9 billion in the fiscal first quarter, which ends in October, the company said in a statement on Wednesday (Aug 14).
Source: Phillips
Cisco Systems, the biggest maker of computer networking equipment, gave a bullish revenue forecast for the current period thanks to a rebound in orders, but also announced plans to cut jobs as part of a strategy shift.
Sales will be US$13.7 billion to US$13.9 billion in the fiscal first quarter, which ends in October, the company said in a statement on Wednesday (Aug 14).
Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Cisco (CSCO)
by behappyalways » Sun May 17, 2026 3:20 pm
Cisco Surges Most Since Dot-Com On Raised Outlook, AI-Focused Job Cuts
https://www.zerohedge.com/markets/cisco ... d-job-cuts
https://www.zerohedge.com/markets/cisco ... d-job-cuts
血要热 头脑要冷 骨头要硬
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