All they said was pushed to June 6
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Kind of like "special military operation"
"headcount optimization" and "resource re-alignment"
Cisco is the King of Buzzwords.
Today is the day. Inflation, high fuel costs, supply chain issues, war in eastern europe, interest rate hikes, etc. All these are having huge financial implications for many tech and non-tech companies. Cisco is no exception. No choice but to trim costs through "headcount optimization" and "resource re-alignment"
It is time of quiet. So cannot make big layoff proclamation until such time as earnings commence.
LR to be announced tomorrow May 18.