Thread regarding Cisco Systems Inc. layoffs

Did Cisco buy-back trigger the rally in after-hours trading?

Or simply because the fiscal 2025 guidance suggests a return to growth? Does anyone really believe it?

With 7% headcount reduction and CPF ~ 61%, who do they try to fool?

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Post ID: @OP+1u0oJuS8

5 replies (most recent on top)

of course not. those buy backs weren't made yesterday - it was done over the entire FY,

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Post ID: @1sdz+1u0oJuS8

Chuck will go when Blackrock says Chuck will go. He seems to be the anointed one.

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Post ID: @1pkv+1u0oJuS8

It was the usual bag holders that had Calls at $48. I would expect it to go be back at 46 or lower in the morning

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Post ID: @1zns+1u0oJuS8

Chuck needs to resign.

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Post ID: @eqp+1u0oJuS8

Wall Street and stock holders first! Oh and the ELT’s bonuses I imagine will be just as hearty as ever. Company perf factor only affects us peons trying to manage inflation. We have to make the sacrafice to ensure Fran enjoys her Olympic Paris get away.

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Post ID: @vrt+1u0oJuS8

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