Cisco To Cut Thousands Of Jobs. Cisco to cut thousands of jobs Report Intel's quarterly earnings report disappointed investors and its stock took a nosedive following the announcement. Network giant Cisco is planning to restructure its business which will include laying off thousands of employees, as it seeks to focus on high-growth areas, according to three sources familiar.
Cisco planning thousands more in job cuts Reuters from www.msn.com
Cisco is planning to restructure its business as it seeks to focus on high-growth areas, according to three sources familiar with the matter. Cisco Systems said it would cut 5% 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.
Cisco planning thousands more in job cuts Reuters
Cisco Systems is poised to lay off thousands of employees as the tech. Cisco's layoffs come just two weeks after chipmaker Intel Corp Cisco is planning to lay off thousands of workers as it seeks to restructure its business
. networking equipment maker shifts focus to higher-growth areas, including. Feb 9 (Reuters) - Network giant Cisco , opens new tab is planning to restructure its business which will include laying off thousands of employees, as it seeks to focus on high-growth areas.
. announced it would cut about 15,000 jobs as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD Aug 9 (Reuters) - Cisco , opens new tab will cut thousands of jobs in a second round of layoffs this year as the U.S