Cisco to Lay Off 1,100 Employees by November 2017
And the company expects revenue declines of 4-6% next quarter.
News - Earnings
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Headcount: The Latest in Hirings, Firings And Retirings — May 8, 2017
Rackspace CEO steps down; Red Hat exec gets promoted to CFO. -
Extreme Expects 10,000 New Enterprise Customers from Its Acquisitions
Extreme's buying binge includes Zebra, Avaya, and Brocade assets. -
Google CEO Talks AI and Cloud on Q1 2017 Earnings Call
Watch out retailers - Google eyes retail opportunities. -
Microsoft Azure Sales Jump 93% in Quarter
Cloud is hot, but the network edge is where the next phase of growth will be. -
Amazon Dominates the Cloud as AWS Revenue Soars in Q1
AWS hits a $14 billion annual run rate. -
Citrix Reports First Earnings Without GoTo in the Picture
A partnership with Microsoft has boosted its SaaS business. -
IBM Plans Eight New Cloud Data Centers by End of Q2
IBM VP: ‘We’re all in, in the cloud.’ -
Juniper CEO Says Cloud is the Biggest Trend Driving Company Strategy
The company recategorized its vertical units for earnings reports. -
AT&T Kicks Off 5G Marketing Wars With ‘5G Evolution’
Did AT&T Just Beat T-Mobile to the Punch? -
Making the Big Bucks — Tracking the Salaries of Top Tech CEOs
With such a high-pressure position, comes high rewards. -
Dell Technologies Reports Positive Q4 Earnings, EMC Boosts Results
The company's Infrastructure Solutions Group has seen impressive growth. -
OpenStack Private Clouds Help Red Hat Achieve 16% Revenue Growth in Q4
Red Hat deals greater than $1 million in fiscal 2017 grew by over 30 percent annually. -
Oracle Stock Up 7% After Q3 Earnings, Cloud Continues to Impress
Oracle's cloud revenues have its investors excited. -
The Top Tech Companies With Billions of Dollars Held Offshore
The list includes Cisco, HPE, and Oracle. -
Palo Alto Stock Down 22% After Earnings
Competition from the likes of Cisco and Check Point is rising. -
Ericsson’s Ekholm Says Company Will Be No. 1 Again
Details on the company's turnaround strategy are vague so far. -
HPE Misses Q1 Revenue, Enterprise Group Continues to Decline
The public cloud is taking its toll. -
Charter Jumps Into 5G Testing as Part of Its Mobile Ambitions
Charter activated an MVNO agreement with Verizon. -
Cisco’s Switching and Routing Revenue Dragged in Q2
Routing was down 10% and switching 5%. -
Amazon Still Outranks Other Cloud Vendors in 4Q
Microsoft Azure appears to be gaining steam. -
Fortinet Rebounds With a Strong Q4
A weak Q3 is now a distant memory. -
Intel Performs in Data Center, IoT Growth, Beats 4Q Expectations
The company is betting big on autonomous cars. -
Juniper Attracts Cloud Customers, Beats Q4 Expectations
Juniper’s QFX product family increased 90 percent year-over-year