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Message: Cisco Announces Restructuring Plan
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things that make you go hmmmm...

 

 
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Alert Sent 2020-08-12 05:58:24 PM ET
 
Delivery preference: Immediate delivery
   
BRIEF-Cisco Announces Restructuring Plan
2020-08-12 05:57:54 PM ET (Reuters)
   
   

Aug 12 (Reuters) - Cisco Systems Inc:

* CISCO - ON AUGUST 12, 2020, CISCO ANNOUNCED A RESTRUCTURING PLAN

* CISCO - RESTRUCTURING PLAN INCLUDES A VOLUNTARY EARLY RETIREMENT PROGRAM

* CISCO - CISCO CURRENTLY ESTIMATES THAT IT WILL RECOGNIZE PRE-TAX CHARGES TO ITS GAAP FINANCIAL RESULTS OF APPROXIMATELY $900 MILLION

* CISCO - CISCO WILL TAKE ACTION UNDER PLAN BEGINNING IN Q1 OF FISCAL 2021. Source: (https://bit.ly/3izw76j) Further company coverage:
   
 
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