Sundry Photography/iStock Editorial via Getty Images Nutanix’s (NASDAQ:NTNX) stock rose about 3% premarket on Monday after Morgan Stanley upgraded the shares to Overweight from Equal-weight. Separately, the firm downgraded Ciena (NYSE:CIEN)… Article Source https://seekingalpha.com/news/4213057-nutanix-rises-after-seeing-bullish-views-at-morgan-stanley-ciena-cut-to-equal-weight
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… Article Source https://siliconangle.com/2024/08/14/cisco-reveals-plan-cut-thousands-jobs-beats-earnings-forecasts/
Oracle Co. (NYSE:ORCL) Stock Position Cut by CX Institutional MarketBeat Article Source https://www.marketbeat.com/instant-alerts/nyse-orcl-sec-filing-2024-10-16/
Vodafone Idea is on the verge of concluding its multi-year IT outsourcing agreements, aimed at diversifying its vendor base and reducing reliance on the US tech giant, IBM. According to sources familiar with the negotiations, these new contracts… Article Source https://pune.news/business/vodafone-idea-redefines-it-strategy-new-outsourcing-deals-to-cut-ibm-reliance-252498/
Credit: cottonbro studio from Pexels Google was negotiating to spend $110 million to support California’s struggling journalism industry, but the… Article Source https://techxplore.com/news/2024-10-google-ultimatum-california-news.html
Networking giant Cisco is the latest tech company to slash jobs while pledging to refocus on AI as well as cybersecurity. The company said it would slash its global staff numbers by 7% – more than 6,000 jobs – following a drop in revenue of… Article Source https://www.itpro.com/business/cisco-layoffs-cut-deeper-than-expected-as-firm-ramps-up-ai-focus
Dive Brief: Tech giant Cisco plans to lay off 7% of its global workforce as it seeks to invest in key growth areas such as artificial intelligence while also driving more efficiencies in its… Article Source https://www.cfodive.com/news/cisco-plans-cut-workforce-amid-ai-push-layoffs-tech/724378/
Tech companies job cuts have continued in the second half of 2024, with several major layoffs occurring across the industry. IBM initiated a new round of layoffs, primarily affecting senior programmers, sales, and support personnel, as part of… Article Source https://timesofindia.indiatimes.com/technology/tech-news/tech-layoffs-cross-1-lakh-cisco-microsoft-cut-more-jobs-in-september-and-other-job-cut-warnings/articleshow/113837708.cms
Cisco’s huge layoff round slams Bay Area offices, more than 800 workers cut SFGATE Article Source https://www.sfgate.com/tech/article/cisco-layoff-round-slams-bay-area-19778171.php
(Bloomberg) — Google was negotiating to spend $110 million to support California’s struggling journalism industry, but the search giant had a demand: taxpayers would need to contribute tens of millions of dollars as well. Most Read from… Article Source https://finance.yahoo.com/news/google-used-influence-ultimatum-cut-130000544.html