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Topic: Cisco

Cisco could be the latest tech giant that is hoping to focus on high-growth areas which means people will likely lose their jobs. News 

Cisco May Cut Thousands of Jobs as Tech Layoffs Persist

Sanjay Patil

Cisco is reportedly poised to cut “thousands” of jobs next week as the company focuses on “high-growth areas.” Cisco is expected to report its second-quarter 2024 results on February 14, and the layoff announcement is likely to be made during the results, reports Reuters. Cisco did not comment on potential layoffs. Cisco last year laid off nearly 4,000 workers as the company moved to “rebalance” and cut costs. According to the reports, the number of personnel of the network company was a total of 84,900 in the fiscal year 2023.…

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Cisco to invest in artificial intelligence-powered data analysis. (AP) AI 

Cisco Makes Huge Investment in Splunk with $28 Billion Acquisition

Sanjay Patil,

In a significant move towards software and artificial intelligence-powered data analysis, Cisco Systems Inc. has announced its acquisition of Splunk Inc. for approximately $28 billion. This deal marks Cisco’s largest acquisition to date. The networking giant will pay $157 per share in cash, the companies said in a statement Thursday, representing a 31% premium to Splunk’s closing price on Wednesday. The purchase corresponds to approximately 10% of Cisco’s market value. Under CEO Chuck Robbins, Cisco has tried to reduce its dependence on one-time sales of expensive equipment and move to…

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Cisco has announced strategic investments in Indian manufacturing capabilities as the next step in delivering cutting-edge technologies to our customers in India and across the globe. News 

Cisco CEO meets PM Modi, doubles down on local manufacturing: all details here

Adarsh V.K, , ,

Global networking giant Cisco Chair and CEO Chuck Robbins on Wednesday met Prime Minister Narendra Modi and discussed how the company has doubled its production to boost exports from the country. Cisco has announced strategic investments in manufacturing capacity in India as the next step in delivering cutting-edge technology to our customers in India and around the world. “Thank you for your leadership dear Prime Minister of India, @narendramodi! Pleased to announce that @Cisco is investing in manufacturing in India with the goal of increasing the combined value of domestic…

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Apple Inc, Google LLC, Cisco Systems Inc and others can sue the U.S. Patent and Trademark Office to challenge a rule that reduced the number of patentvalidity proceedings at a USPTO tribunal, a U.S. appeals court said Monday. News 

Court revives Apple, Google’s challenge to US patent examination practices

Adriana Marais, , ,

Apple Inc, Google LLC, Cisco Systems Inc and others may sue the US Patent and Trademark Office to challenge a rule that reduced the number of patent validity proceedings before the USPTO, a US appeals court said on Monday. A U.S. federal appeals court overturned a California federal court’s decision to dismiss the companies’ lawsuit, saying the agency may not have gone through the required public notice and comment rulemaking process. The PTO declined to comment on the decision. Google spokesman José Castañeda said the company appreciates the ruling and…

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Microsoft said its anti-virus software detected intrusions into dozens of networked systems, most of them in the United States, through software provided by US technology company SolarWinds. (Pixabay) News 

NATO checks systems after US cyberattack

Febin Mathew, , ,

NATO said on Saturday it was checking its computer systems after a massive cyberattack on U.S. government agencies and others that Washington blamed on Moscow. “For the moment, no evidence of compromise has been found on NATO networks. Our experts continue to assess the situation, with a view to identifying and mitigating potential risks to our networks,” said to AFP a NATO official. Microsoft said Thursday that its anti-virus software had detected intrusions into dozens of networked systems, most of them in the United States, through software provided by US…

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Looking back over the past six months, almost three-quarters, or about 74%, now have a better appreciation of the benefits and challenges of working from home. News 

90% of employees want more ownership and choice at work: Cisco report

Febin Mathew

Working conditions have changed dramatically since people all over the world started working from home. Now a new report suggests employees want more ownership and choice at work as they get used to working from home. Cisco recently conducted the Workforce of the Future survey, which included more than 14,000 respondents in 14 markets in the Asia-Pacific region, including more than 1,000 respondents from India. In its report, Cisco said employees see the present tense as a turning point, challenging cultural norms in the workplace. The survey showed that almost…

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