Experts worry that Cisco’s weak outlook and plan to slash over $1 billion in costs shows that the pandemic is having a tougher impact on the enterprise tech industry than it first seemed (CSCO)

Business Insider

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· *Cisco's shares tumbled more than 11% on Thursday after the company posted a weaker-than-expected outlook and announced a plan to slash over $1 billion in costs amid a deepening crisis that has hurt key segments of the enterprise tech market.*
· *"The past six months have unquestionably reshaped our world," Cisco CEO Chuck...

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