Roger Kay, Endpoint Technologies, discusses the cuts in tech jobs as the industry shifts from hardware to software-based development.
Cisco CEO Chuck Robbins discusses the company's decision to downsize its workforce.
Brian White, Drexel Hamilton, breaks down Cisco's quarterly numbers which beat on the top and bottom line, and weighs in on the company's restructuring plans which includes layoffs of up to 5,500 jobs.
The company said it expects to reinvest the cost savings from its restructuring plan into key priority areas.
CNBC's Jon Fortt gives the latest info on the report that Cisco is set to layoff about 14,000 employees.
The network equipment maker is expected to cut nearly 20-percent of its workforce over the next few weeks.
The hedge fund Tudor Investment is undergoing a series of layoffs, in a headcount reduction that could amount to more than 20 percent of the staff.
It’s a matter of when, not if, the U.K. leaves the EU. But it’s probably not going to go the way the pundits have predicted.
Company chief executive Tom Werner announces he will take home a cash salary and bonus of $1-dollar this year.
After hitting new post-crisis highs, financial services gigs in New York look set to backslide next.
The pace of layoffs announced by U.S.-based companies rose for a second-straight month in July.
The software giant plans to reduce its workforce by 4-percent over the next 12-months.
Microsoft said it would cut about 2,850 more jobs over the next 12 months, for total planned job cuts of 4,700, or about 4 percent of its workforce.
Chris Caso, CLSA, breaks down Intel's quarterly numbers and weighs in on the company's growth plan as the PC has "failed to evolve."
Layoffs by U.S. employers ticked up in June, but total payroll reductions for 2016 are trailing off, Challenger, Gray & Christmas reports.
Tesla, Micron and Nike are making headlines this Friday morning on Wall Street.
Seagate Technology said it would cut about 1,600 jobs, or 3 percent of its workforce, as the company looks to rein in costs amid waning demand.
The bank confirmed that it will shut a quarter of its German branches as it cuts costs and revamps retail banking.
The retail giant plans to cut hundreds of accounting and invoicing jobs at 500 US stores.
The bank is planning to reduce headcount at its retail branches and reinvest into the sales force.