Cisco Systems

The growing number of Indian-origin leaders at the helm of major global technology companies should not be viewed through the prism of brain drain, but as a "net positive" for both India and the world, said Jeetu Patel, President and Chief Product Officer of Cisco. Addressing the debate on whether India loses out when its top talent rises to leadership roles in the United States and other advanced economies, Patel rejected the zero-sum framing. "I think of India as a net exporter of talent," he told PTI in an interview, adding, "I haven't thought about this as a zero-sum equation." He argued that Indian professionals thriving globally often do so because of the cultural grounding they receive at home. "Indians that have been born and raised here and have actually had the benefit of the cultural values that have been instilled in us - of hard work and education and ethics and all of that - and then we go to different parts of the world and we end up thriving there largely because of

Tech veteran to focus on AI, enterprise software, and cybersecurity amid growing regional push

The facility was launched by Union Communications Minister Jyotiraditya Scindia, along with Cisco CEO Chuck Robbins. Other key dignitaries included Cisco India President Daisy Chittilapilly and other

Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity. The company based in San Jose, California, did not specify the number of jobs it is cutting. It had 84,900 employees as of July 2023. Based on that figure, the number of jobs cut would be about 5,900. In February, Cisco announced it would cut about 4,000 jobs. The networking equipment maker said in June that it would invest $1 billion in tech startups like Cohere, Mistral and Scale to develop reliable AI products. It recently also announced a partnership with Nvidia to develop infrastructure for AI systems. Cisco's layoffs come just two weeks after chipmaker Intel Corp announced it would cut about 15,000 jobs as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD. Intel's quarterly earnings report disappointed investo

Cisco, the largest maker of the routers and switches that direct internet traffic, has been grappling with sluggish demand and supply-chain constraints in its mainstay business

In a statement, the company said it urged customers to take immediate action to update their software. It did not give further details on the breaches, which it said dated back to earlier this year

82% of respondents said a cybersecurity incident is likely to disrupt their business in the next 12 to 24 months

US firm Cisco system said that it's been hit by a temporary "pause" in orders from customers who are busy installing equipment they've already acquired

As many as 35 per cent of Indians would be angry if apps fail, said the survey done among 12,000 people in multiple countries

Cisco offered $157 in cash for each share of Splunk, representing a 31% premium to the company's last closing price

The manufacturing process will begin in Flex India's manufacturing unit, which is located in Chennai's Oragadam Special Economic Zone (SEZ)

The eliminations started last year and initially fell hardest on Amazon's Devices and Services group, which builds the Alexa digital assistant and Echo smart speakers

Cisco Systems Inc forecast current-quarter revenue below expectations as supply chain shortages and delays drive up costs

Cisco has voluntarily disclosed that there was a possible embezzlement scheme at Its China operations and it is investigating payments made to employees of Chinese state-owned enterprises

Zoom's stock has risen more than eight-fold since its initial public offering last year and four-fold so far in 2020, but it fell as much as 5.4% in early Monday

(Reuters) - The S&P 500 and the Dow Jones Industrial Average were unchanged on Thursday, but still hovered near record levels as a dour forecast from Cisco offset gains in Walmart after its strong outlook.

Cisco shares declined 6.2 per cent to $47.50 at 9:36 am in New York, rebounding from an earlier 8 per cent drop, the biggest intraday fall since May 2017

Under the partnership, Cisco is providing the network infrastructure and about 25 locations already live in Benagluru and another 200 locations will go live in the next 2-3 months in the city

Cisco will bring the capital and expertise it takes to make smart city projects a reality

Cisco employs almost 12k people across centres in Delhi, Mumbai, Bengaluru, Chennai, Pune, Gurugram