Cisco shares head for best day since 2020 on earnings beat, plans to cut 7% of workforce

Cisco shares jumped on Thursday and were on pace for their best day since March 2020, after the networking company announced layoffs and an earnings beat.

Aug 15, 2024 - 21:13
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Cisco shares head for best day since 2020 on earnings beat, plans to cut 7% of workforce
Cisco shares jumped on Thursday and were on pace for their best day since March 2020, after the networking company announced layoffs and an earnings beat.

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