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US Retail Sales Rise for Third Month Despite Gas Price Surge
University of Chicago Waives Tuition for Families Making Under $250,000
US weekly jobless claims increase moderately, labor market remains stable
Walmart cutting or relocating about 1,000 corporate jobs
Treasury yields ease as April import and export prices soar above Wall Street expectations
Phoenix Energy Reports Q1 2026 Financial and Operating Results
Cerebras Systems to Raise $5.55 Billion in Year’s Largest U.S. IPO So Far
Gap Inc. hires ex-Paramount exec Lourdes Arocho as head of licensing
US House Passes Bill Allowing Year-Round Sales of E15 Gasoline
State property tax reform and sagging housing market hit city budget
Cisco shares hit record on strong forecast, AI push with job cuts
Gas prices keep climbing, and refinery resolutions may not be enough to stop them
Fed's Collins sees some scenario where the Fed could be tightening
Social Security recipients could see a bigger cost of living adjustment in 2027 as inflation rises
Xi Tells U.S. Executives That China Is Open for Business
Cisco to cut thousands of jobs
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Cisco to cut thousands of jobs as AI push accelerates after earnings beat
Cisco reported record revenue and surging AI demand while announcing job cuts affecting thousands as it repositions for an AI-driven future.
Cisco to Shed Jobs for All-In AI Push
The networking company said Wednesday that it is launching a restructuring that will cost up to $1 billion in severance, one-time termination benefits and other costs.
Read the memo: Cisco to cut about 4,000 jobs in AI-driven restructuring
Cisco announced job cuts affecting roughly 4,000 staff, as CEO Chuck Robbins shifts the company's focus to AI investments, buoyed by strong earnings.
Cisco to cut jobs in bid to focus on fast-growing AI market
Cisco Systems Inc. delivered a better-than-anticipated forecast while also announcing plans to cut thousands of jobs, a move it said would help the company focus on a fast-growing AI market.
Cisco shares spike double-digits on earnings and revenue beat
CNBC's Kristina Partsinevelos joins 'Closing Bell Overtime' with Cisco earnings. Judge sentences Kouri Richins to life in prison for husband’s murder Americans start receiving massive tariff refund checks Gorka confirms Trump’s contingency letter to JD Vance Revenge of the Nerds actor Donald Gibb dies at 71 following a battle with throat cancer Is blue dot fever the cause of tour cancellations?
Cisco announces layoffs with Q3 results
In conjunction with its third-quarter results and guidance, Cisco (CSCO) announced on Wednesday that it will be letting go fewer than 4,000 employees as it continues to focus on artificial intelligence.
Rising AI demand helps Cisco to another earnings and revenue beat
Shares of the networking giant Cisco Systems Inc. soared 20% in extended trading today after it reported solid third-quarter earnings and revenue numbers and announced a new round of job cuts. The company said it’s going to cut less than 4,
Cisco soars after Q4 guidance tops estimate by nearly $1B as AI infrastructure takes off
Cisco Systems (CSCO) shares shot up 13% after reporting its third-quarter fiscal 2026 financial results and guidance post-market on Wednesday. For the quarter ended April 25, the company reported adjusted earnings per share of $1.
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