Cisco reported better-than-expected earnings and revenue. Heading into earnings, Wall Street was showing increased optimism around the networking company, which has trailed many of its data center ...

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CNBC's Kristina Partsinevelos joins 'Closing Bell Overtime' with Cisco earnings. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your ...

Cisco Systems is planning to cut nearly 4,000 employees as part of a broader strategic shift toward artificial intelligence (AI), following a stronger-than-expected earnings report on Wednesday. The ...

Cisco to cut about 5% of its workforce Sees $9 billion in AI infrastructure orders in fiscal 2026 Networking product orders up over 50% in third quarter, data-center switching orders rise 40% May 13 ...

Cisco is cutting "fewer than 4,000 jobs" as the networking giant restructures its business to focus more heavily on artificial intelligence, according to a memo from CEO Chuck Robbins published ...

May 13 (Reuters) - Cisco said on Wednesday it ⁠would ⁠cut nearly 4,000 jobs, as part ⁠of a restructuring aimed at shifting investment toward artificial intelligence and related growth areas, and ...

Cisco saw growing demand for AI infrastructure from hyperscalers in Q3, and on the enterprise front, it reported solid gains across data center switching, enterprise routing, wireless networking, and ...

Following a quarter in which his company delivered record revenue, Cisco CEO Chuck Robbins announced that the company’s latest round of layoffs begins today. In a blog post yesterday, Robbins was ...

Margin and EPS guidance includes the estimated impact of tariffs based on current trade policy. Except as noted above, this guidance does not include the effects of ...

With Cisco’s Q3 earnings results raising the FY26 outlook to $62.8 billion to $63.0 billion and EPS to $4.27 to $4.29, the conservative-guidance playbook will likely get tested next quarter. Wall ...

That’s how much Cisco Systems’ shares were up recently in after-hours trading following the company’s Wednesday announcement that it was cutting jobs as part of shift toward high-growth parts of its ...