Cisco Systems (NASDAQ ... The company anticipates recognizing charges of about $700 million to $800 million in the first quarter of fiscal 2025. "We delivered a strong close to fiscal 2024 ...

Cisco will spend between $700 million and $800 million in the first quarter of its 2025 fiscal year. Cisco Systems confirmed massive layoffs Wednesday with plans to cut about 7 percent of its ...

The tech giant expects to recognize about $800 million in charges associated with the restructuring, which Cisco said was largely related to severance and other one-time termination benefits.

The launch of 800 gig Nexus switches based on Cisco’s 51.2 terabit Silicon One chip in April is expected to drive orders from AI-based cloud customers. Increasing deployment of AI-powered ...

The trial demonstrated IP transmission at 800 Gbps over 1,069 kilometers, providing higher cost savings than currently deployed technologies. Cisco 800G ZR+ pluggables reduce Arelion CAPEX costs ...

Both switches are based on Cisco's own Silicon One E100 switching chip, which provides a total throughput of up to 4.8 Tbps in both devices and a service throughput of 800 Gbps on the DPU.