Articles Related to financials

Cisco to cut roughly 4,250 from its payroll

Cisco late this afternoon released its second quarter results, as well as announcing a reduction of its payroll by five per cent, which in...

With turnaround complete, Avaya’s future is bright

What a difference 15 months can make. When Alan Masarek was appointed as the president and CEO of Avaya Holdings Corp. on July 28,...

A bad day for Intel as rating lowered … but a great day for AMD

Following an announcement that Intel Corp.’s executive team will slash their salaries by up to 25 per cent and cut employees' pay by five...

Good news-bad news scenario for Ericsson, firm’s latest financials reveal

There was a mix of good news and alarmingly bad news in Ericsson’s Q4 2022 results, as the Swedish telecom’s revenues were up significantly...

Ericsson puts aside US$220 million to cover probe by DOJ investigators

Ericsson has announced it has set aside SEK 2.3 billion, or the equivalent of US$220 million, to be used in relation to what it...

Will Avaya end up going the way of Nortel? Analyst says it could happen

A veteran communications and telecom analyst has likened what is currently happening to Avaya Holdings Corp. to that of the final downfall of Ottawa-based...

Sell-off of Avaya product lines a real possibility if Chapter 11 filing occurs, says analyst

News that Avaya Holdings Corp. could imminently file for Chapter 11 bankruptcy protection means that both channel partners and corporate clients are watching anxiously...

Big Tech Q4 earnings proof big trouble ahead on economic front: Analyst

News that the mega-vendors reported weaker than expected earnings last week is just one of many signals that this is not just a blip,...

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