Cisco starts new round of job cuts due to slowing sales

A round of job cuts is coming to Cisco Systems Inc. as the company — and nearly all of the rest of the tech industry — faces uncertain economic prospects for the near future. The Wall Street Journal reports that the networking equipment maker is p.....»»

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Bed Bath & Beyond Inc. announced another round of cuts in the home furnishing company’s bid to simplify its business and reverse years of flagging sales......»»

Banks around the world are unveiling the biggest round of job cuts in four years as they slash costs to weather a slowing economy and adapt to digital technology......»»

Banks around the world are unveiling the biggest round of job cuts in four years as they slash costs to weather a slowing economy and adapt to digital technology......»»

3M Co fell short of Wall Street estimates for quarterly sales and cut its full-year profit forecast on Thursday, hit by slowing demand in key markets such as China, sending its shares down more than 3%......»»

Diversified manufacturer Honeywell International Inc fell short of Wall Street estimates for quarterly revenue on Thursday and cut its full-year sales forecast, as its customers rein in spending amid a slowing global economy......»»

Capri Holdings Ltd missed quarterly revenue estimates and cut its full-year sales forecast on Wednesday, as the high-end fashion house struggled with slowing demand for its Michael Kors brand at department stores and at its own retail outlets......»»

China's biggest auto industry association has cut its sales forecast for this year due to slowing economic growth, and now expects sales to fall for the second year running......»»

Growth in China's new home prices cooled in June as sales shrank for a second month, but building starts and investment quickened, providing a cushion for the slowing economy while Beijing claims some wins in reducing market froth......»»

U.S. consumers will delay or forgo technology upgrades if President Donald Trump imposes a new round of 25% tariffs on Chinese goods, slowing the U.S. innovation engine, technology industry executives said on Monday......»»

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Tesla Inc. followed a disappointing deliveries report by cutting another swath of sales staff across the country, as the electric-car maker continues to pare back personnel and shift its ordering process online......»»

U.S. retail sales unexpectedly fell in February, the latest sign economic growth has shifted into low gear as stimulus from $1.5 trillion in tax cuts and increased government spending fades......»»

Dave Hunt/Flickr Wall Street's most bullish Nintendo analyst cuts his forecast for the video-game maker's stock price. Previous.....»»

The Hapuna Beach Residences, 68 luxury condominiums being built in a former tower in what is now the Westin Hapuna Beach Resort at the Mauna Kea Resort on Hawaii’s Kohala Coast, recently started a second round of sales after selling out all 17 uni.....»»

Company's iPhone unit sales growth is slowing but its services business shows promiseRelated Stocks: AAPL, GOOG, GOOGL, AMZN, FB, NFLX, MSFT,.....»»

Apple Inc. lowered its holiday-quarter revenue forecast Wednesday afternoon, largely due to slowing iPhone sales and pressure in China......»»

Apple Inc on Wednesday cut its sales forecast for its latest quarter, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations......»»

Apple Inc on Wednesday took the rare step of cutting its quarterly sales forecast, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations......»»