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Cisco beat on earnings per share and revenue expectations, while also announcing a layoff of 5,500 employees. ... rest of the tech industry — faces uncertain economic prospects for the near future. ... The plant employs a total of 2,400 people. ... Cisco Says Layoffs, Cost-Cutting Won't Derail SecureX Despite cutting 6,500 .... Salesforce shares face plant despite beating analyst expectations. Matthew Lynley@mattlynley / 1:22 pm PDT • August 31, 2016. Comment. Salesforce earnings ...
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