#chuckrobbins — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #chuckrobbins, aggregated by home.social.
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Cisco CEO Warns AI Era Requires Tough Choices After 4,000 Job Cuts
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Cisco CEO Warns AI Era Requires Tough Choices After 4,000 Job Cuts
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Cisco CEO Warns AI Era Requires Tough Choices After 4,000 Job Cuts
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Cisco CEO Warns AI Era Requires Tough Choices After 4,000 Job Cuts
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Cisco CEO Warns AI Era Requires Tough Choices After 4,000 Job Cuts
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US Top News and Analysis | Cisco's stock pops 14% on surging AI orders, as company says it's cutting almost 4,000 jobs
AI generated summary, Read the full article for complete information.
Cisco reported better‑than‑expected fourth‑quarter results, posting adjusted earnings of $1.06 per share versus the $1.04 consensus and revenue of $15.84 billion, up 12% from a year earlier, while net income rose to $3.37 billion. The networking giant said it has already secured $5.3 billion in artificial‑intelligence infrastructure and hyperscaler orders this year, raising its AI‑related order target to $9 billion and its AI‑driven revenue outlook to $4 billion for the full fiscal year. Those upbeat figures sent Cisco’s shares up 14% in after‑hours trading and have helped the stock gain about 33% so far in 2026. At the same time, the company announced a workforce reduction of fewer than 4,000 jobs—under 5% of its staff—effective May 14, which will cost roughly $1 billion in pre‑tax severance (about $450 million of which will be recorded in Q4). CEO Chuck Robbins said the cuts are needed to align Cisco’s cost structure with the opportunities presented by AI. Networking revenue jumped 25% to $8.82 billion, beating expectations, while security revenue held steady at roughly $2 billion.
Read more: https://www.cnbc.com/2026/05/13/cisco-csco-q3-earnings-report-2026.html
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Observer | 16 Business Leaders to Join Trump on High-Stakes China Trip, With Notable Absences by Rachel Curry
AI generated summary, Read the full article for complete information.
President Donald Trump is set to travel to Beijing for a two‑day summit with Chinese President Xi Jinping, accompanied by a delegation of 16 top U.S. executives from technology, finance and manufacturing, including Apple CEO Tim Cook, Tesla and SpaceX founder Elon Musk, BlackRock’s Larry Fink and CEOs of Qualcomm, Micron, Boeing, Goldman Sachs and others. The visit comes amid heightened U.S.–China tensions over trade, AI, semiconductor exports, Taiwan, fentanyl trafficking and the broader geopolitical fallout of the Iran war, and signals the growing role of corporate America in diplomatic negotiations as firms seek to secure supply‑chain stability and market access. Notable absences were Nvidia’s Jensen Huang, OpenAI’s Sam Altman and Cisco’s Chuck Robbins, while the delegation is expected to discuss potential new “boards of investment” and “boards of trade” and address specific corporate interests such as Tesla’s approval for its full‑self‑driving technology and Boeing’s pursuit of a major Chinese aircraft order.
#DonaldTrump #XiJinping #ElonMusk #TimCook #LarryFink #Tesla #SpaceX #Apple #BlackRock #Boeing #Blackstone #BrianSikes #business #cargill #ChuckRobbins #Cisco #citi #coherent #CristianoAmon #DavidSolomon #DinaPowellMcCormick #finance #geaerospace #GoldmanSachs #illumina #JacobThaysen #JaneFraser #JensenHuang #JimAnderson #KellyOrtberg #larryculp #Mastercard #Meta #MichaelMiebach #micron #Nvidia #OpenAI #policy #Qualcomm #RyanMcInerney #SamAltman #SanjayMehrotra #StephenSchwarzman #technology #trade #visa #CristianoAmon #SanjayMehrotra #JensenHuang #ChuckRobbins #SamAltman
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Observer | 16 Business Leaders to Join Trump on High-Stakes China Trip, With Notable Absences by Rachel Curry
AI generated summary, Read the full article for complete information.
President Donald Trump is set to travel to Beijing for a two‑day summit with Chinese President Xi Jinping, accompanied by a delegation of 16 top U.S. executives from technology, finance and manufacturing, including Apple CEO Tim Cook, Tesla and SpaceX founder Elon Musk, BlackRock’s Larry Fink and CEOs of Qualcomm, Micron, Boeing, Goldman Sachs and others. The visit comes amid heightened U.S.–China tensions over trade, AI, semiconductor exports, Taiwan, fentanyl trafficking and the broader geopolitical fallout of the Iran war, and signals the growing role of corporate America in diplomatic negotiations as firms seek to secure supply‑chain stability and market access. Notable absences were Nvidia’s Jensen Huang, OpenAI’s Sam Altman and Cisco’s Chuck Robbins, while the delegation is expected to discuss potential new “boards of investment” and “boards of trade” and address specific corporate interests such as Tesla’s approval for its full‑self‑driving technology and Boeing’s pursuit of a major Chinese aircraft order.
#DonaldTrump #XiJinping #ElonMusk #TimCook #LarryFink #Tesla #SpaceX #Apple #BlackRock #Boeing #Blackstone #BrianSikes #business #cargill #ChuckRobbins #Cisco #citi #coherent #CristianoAmon #DavidSolomon #DinaPowellMcCormick #finance #geaerospace #GoldmanSachs #illumina #JacobThaysen #JaneFraser #JensenHuang #JimAnderson #KellyOrtberg #larryculp #Mastercard #Meta #MichaelMiebach #micron #Nvidia #OpenAI #policy #Qualcomm #RyanMcInerney #SamAltman #SanjayMehrotra #StephenSchwarzman #technology #trade #visa #CristianoAmon #SanjayMehrotra #JensenHuang #ChuckRobbins #SamAltman
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Observer | 16 Business Leaders to Join Trump on High-Stakes China Trip, With Notable Absences by Rachel Curry
AI generated summary, Read the full article for complete information.
President Donald Trump is set to travel to Beijing for a two‑day summit with Chinese President Xi Jinping, accompanied by a delegation of 16 top U.S. executives from technology, finance and manufacturing, including Apple CEO Tim Cook, Tesla and SpaceX founder Elon Musk, BlackRock’s Larry Fink and CEOs of Qualcomm, Micron, Boeing, Goldman Sachs and others. The visit comes amid heightened U.S.–China tensions over trade, AI, semiconductor exports, Taiwan, fentanyl trafficking and the broader geopolitical fallout of the Iran war, and signals the growing role of corporate America in diplomatic negotiations as firms seek to secure supply‑chain stability and market access. Notable absences were Nvidia’s Jensen Huang, OpenAI’s Sam Altman and Cisco’s Chuck Robbins, while the delegation is expected to discuss potential new “boards of investment” and “boards of trade” and address specific corporate interests such as Tesla’s approval for its full‑self‑driving technology and Boeing’s pursuit of a major Chinese aircraft order.
#DonaldTrump #XiJinping #ElonMusk #TimCook #LarryFink #Tesla #SpaceX #Apple #BlackRock #Boeing #Blackstone #BrianSikes #business #cargill #ChuckRobbins #Cisco #citi #coherent #CristianoAmon #DavidSolomon #DinaPowellMcCormick #finance #geaerospace #GoldmanSachs #illumina #JacobThaysen #JaneFraser #JensenHuang #JimAnderson #KellyOrtberg #larryculp #Mastercard #Meta #MichaelMiebach #micron #Nvidia #OpenAI #policy #Qualcomm #RyanMcInerney #SamAltman #SanjayMehrotra #StephenSchwarzman #technology #trade #visa #CristianoAmon #SanjayMehrotra #JensenHuang #ChuckRobbins #SamAltman
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Observer | 16 Business Leaders to Join Trump on High-Stakes China Trip, With Notable Absences by Rachel Curry
AI generated summary, Read the full article for complete information.
President Donald Trump is set to travel to Beijing for a two‑day summit with Chinese President Xi Jinping, accompanied by a delegation of 16 top U.S. executives from technology, finance and manufacturing, including Apple CEO Tim Cook, Tesla and SpaceX founder Elon Musk, BlackRock’s Larry Fink and CEOs of Qualcomm, Micron, Boeing, Goldman Sachs and others. The visit comes amid heightened U.S.–China tensions over trade, AI, semiconductor exports, Taiwan, fentanyl trafficking and the broader geopolitical fallout of the Iran war, and signals the growing role of corporate America in diplomatic negotiations as firms seek to secure supply‑chain stability and market access. Notable absences were Nvidia’s Jensen Huang, OpenAI’s Sam Altman and Cisco’s Chuck Robbins, while the delegation is expected to discuss potential new “boards of investment” and “boards of trade” and address specific corporate interests such as Tesla’s approval for its full‑self‑driving technology and Boeing’s pursuit of a major Chinese aircraft order.
#DonaldTrump #XiJinping #ElonMusk #TimCook #LarryFink #Tesla #SpaceX #Apple #BlackRock #Boeing #Blackstone #BrianSikes #business #cargill #ChuckRobbins #Cisco #citi #coherent #CristianoAmon #DavidSolomon #DinaPowellMcCormick #finance #geaerospace #GoldmanSachs #illumina #JacobThaysen #JaneFraser #JensenHuang #JimAnderson #KellyOrtberg #larryculp #Mastercard #Meta #MichaelMiebach #micron #Nvidia #OpenAI #policy #Qualcomm #RyanMcInerney #SamAltman #SanjayMehrotra #StephenSchwarzman #technology #trade #visa #CristianoAmon #SanjayMehrotra #JensenHuang #ChuckRobbins #SamAltman
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Observer | 16 Business Leaders to Join Trump on High-Stakes China Trip, With Notable Absences by Rachel Curry
AI generated summary, Read the full article for complete information.
President Donald Trump is set to travel to Beijing for a two‑day summit with Chinese President Xi Jinping, accompanied by a delegation of 16 top U.S. executives from technology, finance and manufacturing, including Apple CEO Tim Cook, Tesla and SpaceX founder Elon Musk, BlackRock’s Larry Fink and CEOs of Qualcomm, Micron, Boeing, Goldman Sachs and others. The visit comes amid heightened U.S.–China tensions over trade, AI, semiconductor exports, Taiwan, fentanyl trafficking and the broader geopolitical fallout of the Iran war, and signals the growing role of corporate America in diplomatic negotiations as firms seek to secure supply‑chain stability and market access. Notable absences were Nvidia’s Jensen Huang, OpenAI’s Sam Altman and Cisco’s Chuck Robbins, while the delegation is expected to discuss potential new “boards of investment” and “boards of trade” and address specific corporate interests such as Tesla’s approval for its full‑self‑driving technology and Boeing’s pursuit of a major Chinese aircraft order.
#DonaldTrump #XiJinping #ElonMusk #TimCook #LarryFink #Tesla #SpaceX #Apple #BlackRock #Boeing #Blackstone #BrianSikes #business #cargill #ChuckRobbins #Cisco #citi #coherent #CristianoAmon #DavidSolomon #DinaPowellMcCormick #finance #geaerospace #GoldmanSachs #illumina #JacobThaysen #JaneFraser #JensenHuang #JimAnderson #KellyOrtberg #larryculp #Mastercard #Meta #MichaelMiebach #micron #Nvidia #OpenAI #policy #Qualcomm #RyanMcInerney #SamAltman #SanjayMehrotra #StephenSchwarzman #technology #trade #visa #CristianoAmon #SanjayMehrotra #JensenHuang #ChuckRobbins #SamAltman