A new version of Cisco’s Routed Optical Networking promises to simplify complex, multilayer networks by converging the IP and ...

U.S. tech giant Cisco has let go of thousands of employees following its second layoff of 2024. The technology and networking ...

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

JCSU’s swap had it switch out some of its legacy Cisco wireless LAN (WLAN) gear for a new network-as-a-service (NaaS) option ...

It expects to recognize $700 million to $800 million of those charges ... revenues and shrinking profits. Cisco's core ...

Maria Martinez, chief operating officer, is out after role was 'eliminated' It isn't just the little people that switch and router Goliath Cisco is erasing ... of roughly $800 million.

Cisco at the time said it expects to recognize about $800 million in charges associated with the restructuring, which was largely related to severance and other one-time termination benefits.

During the current quarter, $700 million to $800 million of ... on high-growth areas. Cisco has shifted away from its core business of selling network switches and routers, increasing revenue ...

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 ...

These layoffs reflect the company’s shift away from traditional hardware products like switches and routers towards more profitable sectors. Cisco has estimated that ... these costs—between $700 ...