Cisco To Cut Thousands Of Jobs. Cisco axing thousands of workers report Fox Business The tech giant may be cutting 'thousands' of jobs as early as next week after its upcoming earnings call on February 14 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.
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The tech giant may be cutting 'thousands' of jobs as early as next week after its upcoming earnings call on February 14 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 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 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's layoffs come just two weeks after chipmaker Intel Corp networking equipment maker shifts focus to higher-growth areas, including.
. Cisco Systems is poised to lay off thousands of employees as the tech. 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