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Shares of the networking equipment maker soared almost 19 per cent in extended trading on May 13. Read more at straitstimes.com. Read more at straitstimes.com.
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Cisco's stock pops 15% on surging AI orders, as company says it's cutting almost 4,000 jobs

Read the memo: Cisco to cut about 4,000 jobs in AI-driven restructuring

As Cisco to layoff 4,000 employees; CEO Chuck Robbins says: Companies that will win in the AI era will be those …

Cisco cuts nearly 4,000 jobs to spend more on AI, reports 'record quarterly revenue' | TechCrunch

Netzwerkausrüster: Cisco streicht für KI-Fokus knapp 4000 Stellen – Aktie steigt kräftig

Cisco CEO says tech is entering a 'networking supercycle' as stock pops 14% on strong AI demand

'Critical infrastructure for the AI era': Cisco’s CEO on the earnings beat that sent shares to a record | Fortune

Cisco recortar� 4.000 empleos ante la IA y se dispara un 13,4% en Bolsa

Cisco’s AI orders forecast just hit $9 billion—and the stock surged | Fortune

From Cisco to Block, more companies are pointing to AI when unveiling job cuts

Cisco's AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing…

Cisco announced job cuts affecting roughly 4,000 staff, as CEO Chuck Robbins shifts the company's focus to AI investments, buoyed…

Cisco Systems has announced its plans to cut nearly 4,000 jobs as part of a major restructuring aimed at redirecting its…

This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.

Der Netzwerkausrüster streicht etwa fünf Prozent seiner Belegschaft zusammen. Die Investoren nehmen die Neuigkeiten positiv auf.

Shares headed for their best day in more than two decades after Cisco blew past its AI infrastructure and hyperscaler…