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Cisco Systems announced a restructuring plan aimed at increasing investment in growth areas such as artificial… CSCO Cisco Systems, Inc.
Cisco Systems announced a restructuring plan aimed at increasing investment in growth areas such as artificial intelligence, security, and silicon. The company expects to recognize up to $1 billion in pre-tax charges, with approximately $450 million occurring in the fourth quarter of fiscal 2026 and the remaining balance in fiscal 2027.
More from Cisco Systems, Inc. Cisco appoints Girish Rishi, CEO of Cognite, to its Board effective Oct. 9 Oct 9, 2026 Cisco Systems reported fiscal fourth quarter revenue of $17.3 billion, an 18% increase year-over-year, with non-GAAP… Aug 12, 2026 Cisco Systems announced that M. Victoria Wong will retire as Senior Vice President and Chief Accounting Officer on May… May 1, 2026 Daniel H. Schulman will resign from Cisco's Board of Directors effective May 21, 2026, to focus on his role as CEO of… Apr 6, 2026 Cisco Systems, Inc. reported its fiscal second quarter 2026 results for the period ended January 24, 2026 Feb 11, 2026 All content on this site is for informational purposes only and does not constitute financial, investment, legal, or tax advice. Past performance is not indicative of future results. Always consult a qualified financial advisor before making investment decisions.
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