things that make you go hmmmm...
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News for CSCO |
Alert Sent 2020-08-12 05:58:24 PM ET |
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Delivery preference: Immediate delivery |
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BRIEF-Cisco Announces Restructuring Plan |
2020-08-12 05:57:54 PM ET (Reuters) |
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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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