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#389599
Wed 17 Aug 2016 10:52:PM
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Joined: Feb 2001
Posts: 381,903
Launch Director
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OP
Launch Director
Joined: Feb 2001
Posts: 381,903 |
SAN FRANCISCO (Reuters) - Cisco Systems Inc said it would cut nearly 7 percent of its workforce, posting charges of up to $400 million in its first quarter, as the world's largest networking gear maker shifts focus from its legacy hardware towards higher-margin software.  Source: Cisco to cut 5,500 jobs in shift from switches to software
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