Job cuts and restructuring can have mixed impacts on a company's stock price. On one hand, it may be viewed positively by investors as a sign that the company is taking strong measures to improve profitability and efficiency. On the other hand, it could raise concerns about the company's current financial health and future growth prospects. Given Cisco's position in the market and the strategic nature of this move, the short-term impact is assessed as neutral until further details emerge about the financial savings and potential impacts on operations.