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. It’s t… [+2976 chars]Read More
Related Posts
CNBC Daily Open Alibaba shares jump and Amazon beats Walmart in quarterly revenue CNBC
Alibaba posted a 239% year-over-year jump in net profit in the final quarter of 2024, and Amazon’s quarterly revenue surpassed Walmart’s for the first time.
Trump administration DOGE hit roadblocks in three court cases CNBC
One judge called the Trump administration's funding freeze "ill-conceived from the beginning."
Trump inauguration live updates President signs executive orders rolling back Biden policies CNBC
President Donald J. Trump revoked dozens of Biden-era policies with new executive orders.
