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2CPU.com » News » July 2012 » Cisco Cuts Over 1,000 Jobs

Cisco Cuts Over 1,000 Jobs

Posted by: ReMeDy on: 07/24/2012 11:18 PM [ Print | 1 comment(s) ]

Out of the recession, but back in the slump network giant, Cisco has reportedly trimmed the fat within their business with new layoffs. The company announced that it would restructure itself starting with lay offs of over 1,000 employees or 2% of it's staff. The restructuring will allow the company to also reduce operation cost. Check out the blurb here.

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« What Food Trucks Can Teach IT Professionals · Cisco Cuts Over 1,000 Jobs · Vmware Acquires Nicira »

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#40276 Posted on: 06/20/2013 06:12 PM

Necessary, but unfortunate turn of events at Cisco. They will bounce back though and I hope they offer all those employees their jobs back eventually.

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2CPU.com » News » July 2012 » Cisco Cuts Over 1,000 Jobs