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Overview:
Cisco Systems Inc. has reported earnings that surpassed analysts’ expectations, despite a challenging environment marked by declining revenue and significant workforce reductions. The networking giant is navigating a period of transformation as it seeks to diversify its business and...
Cisco is reportedly planning to announce another significant reduction in its workforce, potentially impacting thousands of employees, as part of its ongoing efforts to pivot towards higher-growth sectors like cybersecurity and artificial intelligence (AI). This upcoming round of layoffs would...
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