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cisco layoffs: Cisco to lay off more than 4,000 employees, lowers annual revenue forecast

Analysts expect demand for Cisco s products to remain under pressure, as clients in the telecom industry restrict spending, prioritizing clearing their excess inventory of networking gear.

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Cisco to cut 5% of workforce affecting over 4,000 jobs, adjusts revenue lower

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.

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Cisco to cut more than 4,000 jobs, lowers annual revenue forecast

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

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Cisco Lowers Revenue Outlook Due to Cut in Capex by Telecom and Cable Operators

Cisco Lowers Revenue Outlook Due to Cut in Capex by Telecom and Cable Operators
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Cisco to lay off 5% of its global workforce as stock slides on weak guidance

Cisco to lay off 5% of its global workforce as stock slides on weak guidance - SiliconANGLE

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