November 9, 2018
Plus, Verizon CEO Announces Restructuring; VMware Buys Heptio; and Ericsson Sees Brighter Days Ahead
Cisco axes hundreds of jobs from several California and global offices. Verizon CEO Hans Vestberg announces a new operating structure that focuses on its consumer, enterprise, and media businesses. VMware buys Heptio to meet a growing demand from enterprise customers that want to use Kubernetes and containers in their infrastructure. Ericsson finally has good news for investors as CEO Borje Ekholm says its turnaround strategy is working.