cisco

  • Cisco to downsize global workforce

    Amid a slowing economy, Cisco Systems says that it will cut 5 percent of its global workforce or more than 4,000 jobs, as well as lower its annual revenue target to between US$51.5 billion and $52.5 billion from an earlier forecast of $53.8 billion to $55 billion. CEO Charles Robbins said during a conference call,…

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