Cisco To Cut Thousands Of Jobs. 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. networking equipment maker shifts focus to higher-growth areas, including.
Cisco Systems To Cut Thousands Of Jobs from www.thefinancialdistrict.com.ph
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 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 Systems To Cut Thousands Of Jobs
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. 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 (CSCO) to Cut Thousands of Jobs in New Layoff Round, Reuters Says Bloomberg. 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.
. Cisco had already announced one major round of layoffs back in February, when it said it was eliminating about 4,000 jobs, or 5% of its workforce Intel's quarterly earnings report disappointed investors and its stock took a nosedive following the announcement.