Cisco Systems Announces 7% Workforce Reduction
Cisco Systems to cut 7% of workforce in second layoff round, impacting 6,000 jobs as AI shift prompts restructuring.
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Cisco Systems to cut 7% of workforce in second layoff round, impacting 6,000 jobs as AI shift prompts restructuring.
Uniper SE reports €1.7B EBITDA, raises 2024 outlook amid strategic advancements and green energy investments.
Allstate sells voluntary benefits business to StanCorp for $2B to focus on strategic growth. Gain of $600M expected from sale.
SoftBank Corp. hits record revenue, highlights AI focus and PayPay's profitability in Q1 2024. Challenges include network issues.
CareCloud reports significant revenue growth driven by AI innovations and cost-saving strategies, marking a financial turnaround.
Tencent's Q2 profit of 47.6B yuan surpasses expectations, driven by gaming releases like Dungeon & Fighter Mobile.
Discover how Novo Nordisk, Moderna, and Regeneron are poised for growth amidst market volatility with innovative biotech solutions.
Hannover RE's net income soars to €603 million, driven by robust P&C reinsurance performance, exceeding expectations by 13%.
Analyzing volatility, profitability, and market opportunities of SkyWater Technology and United Microelectronics stocks.
Exploring if Apple's acquisition of Peloton could solve its financial struggles and enhance Apple's health sector ambitions.
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