Cisco plans a new round of layoffs

Cisco Systems Inc. has begun a new round of job cuts as the network equipment manufacturer faces the possibility of slowing sales growth due to global economic uncertainty. The layoffs, Cisco told The Wall Street Journal on Thursday, are “part of an ongoing process of aligning our investments and resources to meet the changing needs … Read more Cisco plans a new round of layoffs

Cisco sales fall in the last quarter

Cisco Systems Inc. said global economic uncertainties have slowed technology investment decisions in some companies, hurting the growth of sales of the network equipment giant. The router manufacturer, seen as a proxy for corporate hardware demand, said Wednesday it expects revenues to fall between 1.5% and 3.5% in its current quarter. The decrease would add … Read more Cisco sales fall in the last quarter

How today’s technology career differs from the Dot-Com bubble

Only five shares represent almost a fifth of the total market capitalization of the S&P 500, the highest share since the dotcom bubble peaked at the end of the century. Are there worrying parallels between the rise of Facebook Inc., full board 0.95% Apple Inc., AAPL -0.57% Amazon.com Inc., AMZN 0.46% Microsoft Corp. MSFT 2.38% … Read more How today’s technology career differs from the Dot-Com bubble