Cisco Selling 8 Silicon Valley BuildingsThe buildings encompass 811,000 sq. ft., translating into a purchase price of approximately $190 per sq. ft.
Cisco To Cut 4,000 Jobs Due To Slow GrowthCisco announced it would lay off some 4,000 workers beginning in the first quarter of 2014.
Cisco 3Q Net Income Rises 14 PercentCisco says its net income rose 14 percent in the latest quarter, and says it is seeing "some good signs" in the U.S. and other markets.
Cisco Earnings Report Beats Projections Cisco’s latest quarterly report is providing further evidence that spending on technology gear is picking up despite persisting concerns about a still-shaky economy.
Cisco Sells Linksys Router Brand To BelkinBelkin, a maker of smartphone cases and computing accessories, said Thursday that it is buying the home networking business unit of Cisco, including the Linksys router brand.
Cisco To Lay Off 1,300 Employees In Latest CutbackCisco Systems was preparing to lay off about 1,300 workers just a few months after the world’s largest maker of computer networking equipment warned that growing economic uncertainty is making it tougher to close deals.
Cisco Sober Forecast Overshadows Quarterly Profit SurgeCisco raised the specter of a sharp slowdown in technology spending late Wednesday, rattling investors already fretting about the economy's fragile condition.
Cisco CEO's Pay Fell By Third, Same As Share SlumpCisco Systems Inc. CEO John Chambers saw his pay package fall by nearly a third in the company's fiscal year that ended in July, a period when the company's shares dropped by about the same amount.
Cisco Cuts Long-Term Sales Growth ForecastCisco Systems Inc. lowered its long-term sales forecast on Tuesday, acknowledging that its days of heady growth won't return in the foreseeable future.
Cisco 4th Quarter Earnings Beat Projections
Cisco Systems To Cut 6,500 WorkersNetworking equipment maker Cisco Systems Inc. is cutting 6,500 employees—about 9 percent of its work force -- as it follows up on a plan announced in May to eliminate thousands of jobs in an effort to cut costs and raise profits.
Cisco Earnings Down 18 Percent In 3QCisco Systems Inc., the world's largest maker of computer networking gear, said Wednesday that it's set to eliminate thousands of jobs as part of cost-cutting moves to get profits growing again.