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…
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…
Twilio hires Qatalyst to advise on shareholder, activist defense
Jeff Lawson CEO, Twilio Scott Mlyn | CNBC Cloud software developer Twilio has hired Qatalyst Partners, the investment bank founded by Frank Quattrone, to advise on its defense against a…
Activist fund Anson takes Twilio stake, urges board to sell
Jeff Lawson, co-founder and chief executive officer of Twilio Inc., center, rings the opening bell on the floor of the New York Stock Exchange in New York, Sept.17, 2018. Michael…
Cisco (CSCO) Q1 earnings report 2024
Chuck Robbins, CEO & Chairman of Cisco, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 18th, 2023. Adam Galica | CNBC Cisco shares were down as…
7% of workforce to be cut ahead of Cisco acquisition
The Splunk logo is displayed on a phone screen on top of a laptop keyboard in this photo taken in Krakow, Poland, on Oct. 30, 2021. Jakub Porzycki | Nurphoto…
Stocks making the biggest moves midday: SPLK, FOXA, AVGO, CSCO
A sign is posted in front of a Broadcom office in San Jose, California, on June 3, 2021. Justin Sullivan | Getty Images News | Getty Images Check out the…
Cisco acquires Splunk in cash deal worth $28 billion
Splunk logo displayed on a phone screen and a laptop keyboard are seen in this illustration photo taken in Krakow, Poland on October 30, 2021. (Photo by Jakub Porzycki/NurPhoto via…
Flexport CEO Ryan Petersen rescinds hiring offers, cuts office space
Ryan Petersen, chief executive officer of Flexport, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 4, 2022. Bloomberg |…
Stocks making biggest moves midday: Nvidia, Boeing, Dollar Tree
Nvidia’s A100 GPU, used to train ChatGPT and other generative AI, is shown at the demo center of Nvidia’s headquarters in Santa Clara, California, Feb. 9, 2023. Katie Tarasov Check…