Cisco Systems Inc

Macy’s to Close Department Stores and Cut 2,300 Jobs as Companies Seek cost Reductions

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Macy’s to Close Department Stores and Cut 2,300 Jobs as Companies Seek cost Reductions

Major Companies Implement Job Cuts and Cost Reduction Measures Amid Volatile Economic Climate In response to ongoing economic challenges and evolving consumer behavior, several major companies have initiated cost-cutting and workforce reduction measures. As businesses seek to adapt to changing market demands, pressing economic concerns have put pressure on companies to optimize their budgets and … Read more

Berkshire Hathaway Trims Apple Holdings in Fourth Quarter, Requests Confidentiality on Holdings

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Berkshire Hathaway Trims Apple Holdings in Fourth Quarter, Requests Confidentiality on Holdings

Berkshire Hathaway Trims Its Apple Holdings An hour ago Warren Buffett’s investment firm, Berkshire Hathaway, disclosed a reduction in several holdings during the fourth quarter, including technology giant Apple and diversified technology company HP. In the latest securities filing, Berkshire Hathaway also requested the Securities and Exchange Commission (SEC) keep at least one of its … Read more

Stock Roundup: Cisco Falls 5% on Revenue Decline, Applovin Surges 12% on Strong Q4 Results, and Twilio Slides 10% on Below-Expected Revenue Guidance

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Stock Roundup: Cisco Falls 5% on Revenue Decline, Applovin Surges 12% on Strong Q4 Results, and Twilio Slides 10% on Below-Expected Revenue Guidance

Stocks Making Headlines After the Bell Stocks Making Headlines After the Bell Cisco Faces Declining Revenue and Job Cuts The technology giant, Cisco, witnessed a staggering 5% drop in its stock price after revealing its fiscal third-quarter guidance, which indicated a decline in revenue. In addition, Cisco announced a restructuring plan that will result in … Read more