Cisco Will Cut Up to 5,500 Positions; 4Q Adj. EPS Beats
Source: BFW (Bloomberg First Word)
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CSCO US (Cisco Systems Inc)
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UUID: 7947283
(Bloomberg) -- Cisco says plans to cut up to 5,500 jobs.
Alert: HALISTER- 4Q adj. EPS 63c, est. 60c
- Shares fall 2.3% post-market
- NOTE: CSCO had about 73,100 employees as of April, according to data compiled by Bloomberg
- NOTE: Earlier, Cisco Shares Fall After CRN Report of as Many as 14,000 Job Cuts; Cisco’s Possible Job Cuts May Positively Impact EPS: JPMorgan
- Statement:Link
Source: BFW (Bloomberg First Word)
Tickers
CSCO US (Cisco Systems Inc)
To de-activate this alert, click here
UUID: 7947283