Cisco Confirms It Will Cut Up To 5,500 Jobs, Or 7% Of Its Global Workforce

Cisco Systems is laying off 5500 employees as the internet gear maker ... about 7 percent of Cisco's roughly 74,000 workers will lose their jobs ... of the world's biggest and oldest technology companies to head in new ... He promised to use the money that Cisco saves from paring its workforce to invest in .... Cisco Layoffs 2019: 500 Lose Jobs In Engineering At San Jose And Milpitas. ... Cisco is cutting 6,000 jobs, or roughly 8 percent of its global workforce, as the ... Cisco confirmed Wednesday that it will slash 5,500 jobs, or about 7% of its total ... Click

Cisco said today that it will cut up to 5,500 jobs as it restructures and ... 7 percent of Cisco's workforce but its headcount will still be almost.... Networking giant Cisco confirmed during its latest quarterly report that the ... 17, that the company would cut 5,500 people from its worldwide work base as it ... While the 7% reduction in its global workforce is far less than the.... A Cisco spokesperson did not return requests to confirm the recent round of ... The new round of layoffs comes on top of the 5,500 jobs Cisco ... 7 per cent of its global Cisco systems cuts down 7pc of its workforce ... Cisco will now ask managers how they intend to invest in their teams, develop staff skills. Click

Cisco confirmed it will lay off 5,500 workers starting in early 2017. ... earlier, it's still a 7 percent global workforce cut, about 5,500 across the company. ... Cisco (Nasdaq: CSCO) did not detail job impacts for specific locations. HERE

Update: They layoffs have been confirmed, but they aren't as harsh as rumored Cisco cutting 5500 jobs, 7% of workforce, in shift away from switches and routers. ... Cisco Systems may fire up to 20 percent of its global workforce as it ... This would be at least the third large-scale layoff the networking giant.... Cisco to jettison 5,500 jobs, will reinvest in cloud, IoT & more ... Cisco today confirmed it will lay off about 7% of its workforce about 5,500 jobs. ... [Get regularly scheduled insights by signing up for Network World ... Reports earlier this week had the networking giant cutting as much as 14,000 jobs. Others... 90cd939017 Click

Cisco confirms it will cut up to 5,500 jobs, or 7% of its global workforce. Matthew Lynley@mattlynley / 1:24 pm PDT August 17, 2016.. Cisco Systems is to cut about 5,500 jobs, representing nearly 7% of the US technology company's global workforce. The world's largest... https://tsarerdiadi.substack.com/p/when-raisins-are-added-to-a-solution