Chitchat Cisco Systems to Leetrench 4000 globally

[Pinkieslut]

Cisco says it's cutting 5% of global workforce, amounting to over 4,000 jobs​

PUBLISHED WED, FEB 14 2024 4:10 PM ESTUPDATED WED, FEB 14 2024 8:43 PM EST

Jordan Novet
@JORDANNOVET
WATCH LIVE

KEY POINTS

• Cisco said it would let go of 5% of employees, which works out to around 4,250 people.
• The company's quarterly and full-year forecasts were light.

In this article

• CSCO

Chuck Robbins, Cisco CEO & Chairman, at the WEF in Davos, Switzerland on May 25th, 2022.
Adam Galica | CNBC
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 of Cisco were down as much as 9% in extended trading.

 

[k1976]

https://www.reuters.com/markets/us/...-banks-after-nycb-fueling-worries-2024-02-14/

Another round incoming

 

[A Singaporean]

They should not worry. PAP will welcome them with open arms and legs.

 

[k1976]

They should not worry. PAP will welcome them with open arms and legs.

Our condo landlords can sleep well tonight