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Cisco Systems headquarters in San Jose, California, US, on Monday, Aug. 14, 2023. Cisco Systems Inc. is scheduled to release earnings figures on August 16.
For the full year, Cisco sees $3.68 to $3.74 in adjusted earnings per share and $51.5 billion to $52.5 billion in revenue. Analysts had projected $3.86 in adjusted earnings per share, with $54.26 ...
Cisco Systems was founded in December 1984 by Leonard Bosack and Sandy Lerner, two Stanford University computer scientists who had been instrumental in connecting computers at Stanford. They pioneered the concept of a local area network (LAN) being used to connect distant computers over a multiprotocol router system.
Scores of Americans had to brush up their CVs last year. In 2023, companies planned 721,677 job cuts, a 98% jump from 2022, according to a new report from professional outplacement firm Challenger ...
Yahoo! Inc. is an American multinational technology company that focuses on media and online business. It is the second and current incarnation of the company, after Verizon Communications acquired the core assets of its predecessor and merged them with AOL in 2017. [6][7] The resulting subsidiary entity was briefly called Oath Inc. [4][8][9 ...
The majority of companies acquired by Cisco are based in the United States (U.S.) and a total of 149 companies have been acquired as of March 2011 [update]. [ 6 ] Most of the companies acquired by Cisco are related to computer networking, with several LAN switching and Voice over Internet Protocol (VoIP) companies included in the list of ...
BOSTON – Cisco Systems Inc. is expected to cut thousands of jobs in possibly its worst-ever round of layoffs, to meet Chief Executive John Chambers' goal of slashing costs by $1 billion. Four ...
After obtaining his MBA, Chambers began his career in technology sales at IBM 1976–1983 when he was 27 years old. At 34 years old, in 1983, Chambers joined Wang Laboratories, later becoming Vice President of US Operations in 1987. During Chambers' time at the company, Wang's profits declined dramatically from $2 billion 1989 to a $700 million ...