Wednesday, May 17, 2017

Anita Balakrishnan — Cisco to cut 1,100 more jobs amid a worse-than-expected business outlook


Cisco is kinda sorta important as a foundation of the digital backbone.
Cisco (NASDAQ: CSCO) said on Wednesday that it will cut an additional 1,100 employees as part of an expanded restructuring plan.
The cuts come on top of the 5,500 job cuts, or 7 percent of its workforce , announced in August 2016, the enterprise technology company said....
Yahoo Finance
Cisco to cut 1,100 more jobs amid a worse-than-expected business outlook
Anita Balakrishnan

1 comment:

Noah Way said...

A little more belt tightening before the bottom falls out.