Cisco announces 5% job cuts, raises annual revenue forecast
May 13 : Cisco said on Wednesday it plans to cut nearly 4,000 jobs, or 5 per cent of its workforce, as part of a restructuring plan to invest more in growth areas such as artificial intelligence, sending its shares up 14 per cent in extended trading.It said that it sees pre-tax charges of up to $1 billion re
13 May 20:11 · CNA