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5 Companies That Had A Rough Week
The Week Ending June 10
Topping this week's roundup of companies that had a rough week is Cisco, for the departure of some key engineering executives amid a reported internal power struggle at the company.
Also making the list were Dimension Data, for the sudden departure of its CEO; Oracle, for reported recent problems with its ability to meet capacity demands for its cloud services; PC vendors, for the worsening sales outlook; and Akamai, for its payment to the SEC to settle a bribery case.
Not everyone in the IT industry was having a rough go of it this week. For a rundown of companies that made smart decisions, executed savvy strategic moves -- or just had good luck -- check out this week's Five Companies That Came To Win roundup.