Not seeing anything about restructuring in the earnings call, which is when they typically announce it.
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Webex got hit as well since it's been flat all year.
CR is still a slimeye cxnt
Wondering if public sector will get restructured given it’s really the only segment that had negative growth. Probably certain technologies with very low or negative growth might be impacted as well
@a7 so based on that logic, I believe last round of layoffs costed the company $800M and laid off around 8k, projection is Q2 (February), would be laying off around 2k? (These are rough numbers). Pretty unfamiliar with all this, so I am curious and want to learn more
$0.05 / share * 4 billion shares = $200 million allocated for restructuring by the end of 2nd quarter
@a4 can you elaborate on this
$0.03 - $0.05
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.
Significant asset impairments and restructurings (2) $0.43 - $0.45 $0.03 - $0.05
I guess not.
Regardless it's important to remain pot-valiant during these parviscient times.
@a1 very few people hope for layoffs. Only those who selfishly want to leave and do not care that it may impact other people/families very negatively. With that being said, layoffs make news, so I’d assume multiple news outlets would be reporting on it by now?
Sometimes hidden in the footnotes of the earnings report. Read completely. Are you hoping to find it?