L'Oreal Group's net profit in the first half of the year increased by 8.8% year-on-year
Recently, Cisco announced that it will lay off 7% of its workforce globally, marking its second round of large-scale layoffs. In February, the company announced that it would lay off 5%, or over 4000 jobs. Cisco stated in a document that it is implementing a restructuring plan that will result in $1 billion in pre tax expenses for its financial performance and will "enable it to invest in key growth opportunities and improve business efficiency.
