Ari Levy / CNBC:

Cisco reports Q4 revenue down 10% YoY to $13.64B, vs. $13.54B est., and says it is cutting 7% of its global workforce, or 4,000 jobs; CSCO jumps 5%+  —  Cisco shares popped in extended trading on Wednesday after the networking company said it's cutting 7% of its global workforce …

Ari Levy / CNBC:

Cisco reports Q4 revenue down 10% YoY to $13.64B, vs. $13.54B est., and says it is cutting 7% of its global workforce, or 4,000 jobs; CSCO jumps 5%+  —  Cisco shares popped in extended trading on Wednesday after the networking company said it's cutting 7% of its global workforce …

Source: TechMeme
Source Link: http://www.techmeme.com/240814/p30#a240814p30