Corporate
Cisco to cut more than 4,000 jobs, lowers annual revenue forecast
Cisco Systems CSCO.O said it would cut 5 percent of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company navigates a tough economy that has led to thousands of layoffs by tech firms this year.
Berkshire trims Apple, sheds four stocks, mum on new investment
Berkshire Hathaway on Wednesday said it has trimmed its huge stake in Apple and shed four common stock holdings, and kept investors guessing on what could be a major...
Figaro Group income rises 6% over six months
The Figaro Coffee Group Inc.,food and beverage chain of restaurants and cafe operator, reported income in the first half ended December 2023 rising 6 percent to P282.93 million from previous year’s P265.11 million.
Disneyland character performers announce plans to unionize
Performers of Disney's DIS.N cartoon characters such as Mickey, Donald and Goofy at its Disneyland theme park are looking to join Actors' Equity Association, a labor union representing those who work in live theatrical performance.
Arthur Tan to step down as IMI chief executive
Ayala-led Integrated Micro-electronics Inc. is not renewing Arthur R. Tan as chief executive officer when his term expires on 25 April this year.
