- Cisco job cuts are repositioning, CEO says - The Business Journal
Cisco Systems Inc. CEO John Chambers said on Monday that the recent job cuts announced by his company are simply a matter of re-positioning "for where the industry needs to go,” according to the Silicon Valley / San Jose Business Journal.
- 31 Jul 12, 2:15pm -
- Weekly Market Recap: Staggering Cisco Job Cuts, Facebook and Starbucks Take a Tumble - Yahoo Finance
Markets closed down on Wall Street today: Dow -0.79%, S&P -0.89%, Nasdaq -1.20%, Oil -3.83%, Gold -0.39%. From today’s market on the plus side, Canada’s oil and gas producer Nexen Inc.’s shares increased 53 percent. The company ...
- 28 Jul 12, 5:54pm -
- Cisco Systems - Yahoo Finance
Cisco Systems (CSCO) will lay off about 1,300 or 2% of its workforce due to growing economic uncertainty. Last year the maker of computer networking equipment cut nearly 10,000 jobs. Shares fell 5.9% to 15.12.
- 24 Jul 12, 10:52pm -
- Cisco axes 1,300 jobs and gets EC nod to acquire NDS - computing.co.uk
Cisco is to cut 1,300 of its workforce as part of its restructuring plans and has been given permission by the European Commission (EC) to acquire television software developer NDS Group for $5bn (£3.2bn). In a statement, Karen Tillman, vice-preside…
- 24 Jul 12, 6:49pm -
- Cisco's Problem - Forbes
Today, the company’s stock is trading sharply lower, roughly where it was one year ago when the company announced the cutting of 10,000 jobs or 14 percent of its labor force. What will solve Cisco’s problem is a new leadership; a shift in ...
- 24 Jul 12, 4:54pm -
- Hmmmm: VMware Nabs Nicira, Cisco Slashes Jobs - Wired News
We put the question out last week at Cloudline about whether VMware’s CEO and company moves were big cloud moves or a rebrand. Now at least we know VMware has big news, what with it’s $1.26 Billion buy of Nicira, the software-defined ...
- 24 Jul 12, 2:06am -
- Cisco cuts 2% of workforce - KJCT8
Cisco said Monday it will cut 1,300 jobs, or about 2% of the company's global workforce. The layoffs are part of the networking giant's "continuous process of simplifying the company, as well as assessing the economic environment," Cisco said in an e…
- 24 Jul 12, 12:19am -
- Cisco to axe 1300 jobs - au.news.yahoo.com
US computer network giant Cisco Systems says it is cutting 1300 jobs, or two per cent of its global workforce, in response to an uncertain economic outlook. The California tech firm, seen as a bellwether for the industry, on Monday said it was carryi…
- 23 Jul 12, 11:50pm -
- Cisco to Eliminate 1,300 Jobs in Cost-Cut Drive - Businessweek
Cisco Systems Inc. (CSCO) (CSCO), the biggest maker of computer-networking equipment, plans to eliminate about 1,300 jobs, or 2 percent of the workforce, as Europe’s debt crisis and sluggish corporate spending threaten sales. The cuts are part ...
- 23 Jul 12, 10:25pm -
- Reports: Cisco To Cut 1300 Jobs - Quick Facts - NASDAQ
(RTTNews.com) - According to reports, tech giant Cisco (CSCO) said it will layoff about 1300 employees, as part of the company's cost-cutting strategy. The layoffs will eliminate 2 percent of Cisco's total workforce. In a statement, Cisco ...
- 22 Jul 12, 11:59pm -