Cisco

CEO pledges to reduce expenses by $1 billion through a reorganization that will include job cuts and early retirement for some workers.

Executives have publicly positioned themselves against racism, but some workers inside these companies are chafing at the new focus on race.

Sources say the acquisition price of the network health monitoring firm is about $1 billion.

“Anyone who’s going to be in trouble three to six months from now is already pausing.”

The forecast shows that its main business of selling expensive networking hardware is still struggling amid tepid spending by corporations and government agencies.

The company leads with containers-as-a-service on-prem as it kicks off its big Barcelona show.

The company says there are no workarounds, which means operators can't safely put updating off until later.