AT&T's CEO warned of rough waters ahead; Snowflake's IPO is forecasted to score $4 billion; and Dell plans job cuts as VMware moves on remote pay cuts.
COO Jeff Clarke reportedly told staff during a quarterly meeting that workforce reductions won’t be limited to a particular team or division within the company.
Reopening branch offices and expanding a remote or digital workforce creates this “new edge” that requires connectivity, automation, and built-in security, Cisco’s Pat Vitalone said.
CEO Chuck Robbins didn't provide specifics but said Cisco is committed to hiring and promoting black people to top leadership positions at the company.
Massive job cuts, which impacted about a fifth of the association’s workforce, hit four months after the group canceled its flagship annual conference in Barcelona.