Cisco to lay off up to 5500 in latest cuts
By Jon Swartz, USA TODAY Posted: 2:15 p.m. SAN FRANCISCO — Cisco Systems, the computer-networking giant that is in the midst of a major technological pivot, on Wednesday said it will eliminate up to 5,500 jobs. The job reduction is Cisco’s second major one in two years. The San Jose, Calif.-based company laid off 6,000 in a …