Cisco to cut 6,000 jobs in streamlining
New York (AFP) Aug 13, 2014 - US computer networking giant Cisco Systems said Wednesday it plans to slash some 6,000 jobs, or eight percent of its global workforce in the coming year. Chairman and chief executive John Chambers called the move a "limited restructuring" that will allow Cisco to "reinvest cost savings in key growth areas." Chief financial officer Frank Calderoni said the move to streamline comes with C ... more
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