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Cisco raises full-year outlook; announces restructure

By Staff Writer

Nov 17 2022 12:25PM

Refocussing on enterprise networking, security.

Cisco raises full-year outlook; announces restructure

Cisco Systems raised its full-year revenue and profit forecast amid easing supply chain hurdles and announced US$600 million (A$890 million) in severance and other charges related to a new restructuring, which could impact roughly 5 percent of its workforce. The company said the restructuring ...

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