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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

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

Cisco to fire 4,000 staff and generously give them free training – on Cisco

Cisco could see a nearly 25% post-earnings boost over the next quarter, pro trader says

Las acciones de Cisco suben un 17%, tras anunciar que recortará 4.000 puestos de trabajo

Traders are treating this legacy tech giant like the next 'meme' stock

AI layoffs do not result in returns for companies, finds report

The case for owning cybersecurity stocks in the age of AI just got stronger
Cisco announced job cuts affecting roughly 4,000 staff, as CEO Chuck Robbins shifts the company's focus to AI investments, buoyed…