He also announced that the office will likely stay closed all summer and that the company will likely postpone all in-person events this year.
Next quarter could be the bottom of Cisco’s coronavirus decline, unless there is a second wave of illnesses.
When markets slumped in March as coronavirus spread, wealth managers’ trading volumes soared as ultra rich clients reshuffled their portfolios.
Burr has had his cellphone seized by federal agents as part of the Justice Department’s probe of stock transactions.