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aged like milk
@a6 can you share the link?
So basically sounds like the restructuring that started last year, there could be some left to complete, is how I might read it.
@a6 Exactly
"Reflects charges related to a restructuring plan announced on August 14, 2024. We expect this plan to be substantially completed by the end of the second quarter of fiscal 2026."
There is LR’s it’s in the earnings report today for FY 2026 Q1 and FY2026 numbers guidance if you scroll to bottom or if you search “restructuring”
Not so fast.
We did silent LRs for almost 5 years during the 2000 downturn. Not unusual at all, but at least not a major one. Which is still good news.
@a2
It isn't going to be a significant layoff or they'd need to include the costs in their forward guidance. Nothing close to the 1b they spent last time at least.
Not true. Just because they didn't say it on the call doesn't mean it isn't happening, just not Cisco-wide.
Heck yeah. Weight off my mind.