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Cisco Systems Inc

Laid-off techies struggle to find jobs with cuts at highest since 2001

by Sipho Sepamla
Laid-off techies struggle to find jobs with cuts at highest since 2001

The Google office in New York on February 2, 2023. Ed Jones | Afp | Getty Images Allison Croisant, a data scientist with about a decade of experience in technology, …

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Company to cut 900 workers from PlayStation division

by Sipho Sepamla
Company to cut 900 workers from PlayStation division

Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty Images Sony Interactive Entertainment on Tuesday said …

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Companies make 2024 the year of cost cuts

by Nevil Nickel
Companies make 2024 the year of cost cuts

Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software …

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Inflation fight may go down bumpy path

by Merchant Moller
Inflation fight may go down bumpy path

A view of grocery store in Washington DC, United States on February 14, 2024.  Mostafa Bassim | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our …

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Cisco says it’s cutting 5% of workforce, amounting to over 4,000 jobs

by Sipho Sepamla
Cisco says it’s cutting 5% of workforce, amounting to over 4,000 jobs

Chuck Robbins, Cisco CEO & Chairman, at the WEF in Davos, Switzerland on May 25th, 2022. Adam Galica | CNBC Cisco announced plans to cut 5% of its workforce on Wednesday, …

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Earnings from Shopify, Marriott and Wendy’s

by Merchant Moller
Earnings from Shopify, Marriott and Wendy’s

CNBC’s Jim Cramer on Friday prepared investors for next week on Wall Street, saying investors should pay attention as earnings season continues, with reports from companies including Shopify, Marriott and …

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Activists eyeing tech stocks ahead of expected M&A rebound after lull

by Sipho Sepamla
Activists eyeing tech stocks ahead of expected M&A rebound after lull

Paul Singer speaking at the Delivering Alpha conference in New York on Sept. 13, 2016. David A. Grogan | CNBC Activist investors are circling the tech market. That’s because, after …

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HPE to acquire Juniper Networks for $14 billion

by Sipho Sepamla
HPE to acquire Juniper Networks for  billion

Antonio Neri, president and chief executive officer of Hewitt Packerd Enterprise (HPE), speaks during the HPE Discovery CIO Summit in Las Vegas, Nevada, U.S., on Tuesday, June 19, 2018. The …

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Juniper Networks jumps after report saying HPE is looking to buy it

by Sipho Sepamla
Juniper Networks jumps after report saying HPE is looking to buy it

Antonio Neri Anjali Sundaram | CNBC Juniper Networks shares soared more than 20% in extended trading on Monday after the Wall Street Journal reported that Hewlett Packard Enterprise is in …

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Here are 3 stocks other than Nvidia getting AI premium from investors

by Sipho Sepamla
Here are 3 stocks other than Nvidia getting AI premium from investors

Lisa Su, president and CEO of AMD, during an interview with Mad Money, broadcasting from CNBC’s San Francisco bureau on November 21, 2019. Jacob Jimenez | CNBC The big winner …

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