Cisco reveals plan to cut thousands of jobs as it beats earnings forecast – SiliconANGLE

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Shares of Cisco Systems Inc. rose in extended trading today after the networking company said it’s cutting 7% of its global workforce and reported quarterly financial results that topped analysts’ estimates.

The layoffs, which are the…

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https://siliconangle.com/2024/08/14/cisco-reveals-plan-cut-thousands-jobs-beats-earnings-forecasts/