Cisco announces record revenue alongside 4,000 layoffs

2026년 05월 14일

AI에 의해 보고됨

Cisco reported record revenue for its fiscal third quarter while announcing it will cut fewer than 4,000 jobs starting immediately. The moves come as the company shifts resources toward artificial intelligence and related technologies.

Cisco chief executive Chuck Robbins said the company achieved revenue of $15.8 billion in the quarter, up 12 percent from a year earlier. He praised employees for the growth but added that the firm must realign its workforce to focus on silicon, optics, security, and AI applications.

Adobe reports record Q2 revenue and raises full-year guidance

2026년 06월 11일 AI에 의해 보고됨 AI에 의해 생성된 이미지

Adobe posted strong second-quarter results for fiscal 2026, with revenue reaching a record $6.62 billion. The company beat estimates and increased its full-year revenue outlook amid accelerating AI-driven growth.

Oracle cuts 21,000 jobs amid AI investments

Oracle reduced its workforce by 21,000 employees over the past year as it invests heavily in artificial intelligence infrastructure. The company attributed the cuts in part to the adoption of AI technologies in its operations.

SAP reports strong cloud growth in first quarter

2026년 04월 23일 AI에 의해 보고됨

Europe's largest software maker SAP reported six percent revenue growth to 9.6 billion euros in Q1 2026, driven by cloud software revenues. CEO Christian Klein highlighted momentum in artificial intelligence. The company expects only moderate growth for the full year.

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Chanel reports 1.8 percent revenue growth for 2025

Chanel posted revenues of $19.3 billion in 2025, marking a 1.8 percent rise on a constant currency basis. Operating profit climbed 5.2 percent to $4.7 billion as the French luxury house recovered from a sales drop in 2024.