Cisco confirms it will cut up to 5500 jobs, or 7% of its global workforce
We caught wind earlier this week that Cisco was planning a major cost-cutting operation to reduce its costs by around 15% throughout the month. It looks like the first stage of that is a round of cut jobs, with Cisco announcing as part of its earnings report that it will cut up to 5,500 jobs, …
Cisco confirms it will cut up to 5500 jobs, or 7% of its global workforce Read More »