Cisco Systems has issued end-of-life and end-of-sale dates for its Hyperflex hyperconverged portfolio as the company leans on its newly announced partnership with Nutanix aimed at hybrid ...

Aug. 09, 2024: A round of layoff announcements at Dell and Cisco are a result of both companies currently losing core market ...

U.S. tech giant Cisco has let go of thousands of employees following its second layoff of 2024. The technology and networking company announced in August that it would reduce its headcount by 7% ...

Cisco is a dominant networking force — arguably the most dominant — but it didn’t get there alone or overnight. In terms of sheer number of acquisitions, technology companies like Google ...

Cisco is reportedly preparing another significant round of job cuts, with thousands of employees set to be affected. A report ...

The boss of networking giant Cisco has said the shortage of computer chips is set to last for most of this year. Many firms have seen production delayed because of a lack of semiconductors ...

Thousands of Cisco employees will be affected by a new layoff round, which could be announced next week, according to a Reuters report. Cisco will reportedly lay off around 4,000 employees in its ...

San Jose-based Cisco employed about 84,900 workers worldwide as of July 2023. A 7% cut from a workforce of that size would equate to roughly 5,900 employees. The job cuts revealed on Thursday are ...

Cisco announced plans for another round of layoffs, potentially affecting thousands of jobs, as it shifts focus toward cybersecurity and AI amid challenges in its core business. The job cuts ...

No significant news for CSCO in the past two years. Key Stock Data P/E Ratio (TTM) The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent ...

Cisco's recent announcement of laying off 7% of its workforce, amounting to over 6,300 jobs, comes after earlier this year's 5% job cut affecting 4,000 employees. These cuts are part of Cisco's ...

Cisco Systems, Inc. engages in the design, manufacture, and sale of Internet Protocol-based networking products and services related to the communications and information technology industry.