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August 9, 2024 at 3:12 PM. By Utkarsh Shetti and Supantha Mukherjee. (Reuters) -Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker ...
By Akash Sriram (Reuters) -Cisco Systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company navigates a tough economy that ...
Cisco announced plans to cut 5% of its workforce on Wednesday, a decision that will result in the elimination of about 4,250 jobs. Shares were down as much as 9% in extended trading. It’s the ...
Cisco Systems, Inc. (using the trademark Cisco) is an American multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware , software , telecommunications equipment and other high-technology services and products. [ 3 ]
Micron Technology, Inc. Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho. Its consumer products, including the Ballistix line of memory modules, are marketed under the Crucial brand.
Job cuts jumped in 2023 from the previous year, according to a new report, with the technology and retail industries leading the way. Layoffs soared 98% in 2023 with employers in cost-cutting mode ...
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This includes $2 billion in cost cuts with $500 million already underway. The latest round of layoffs and restructuring announcements highlighted these efforts. FILE PHOTO: Paramount Global ...