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Cisco to cut about 1,300 jobs Network equipment maker Cisco Systems said on Monday that it plans to cut about 1,300 jobs as part of ongoing efforts to restructure the company. “We are performing a focused set of limited restructurings that will collectively impact approximately 2 percent of our global employee population,” the company said in an emailed statement. Read More: Yahoo Finance News

Cisco to cut about 1,300 jobs

Network equipment maker Cisco Systems said on Monday that it plans to cut about 1,300 jobs as part of ongoing efforts to restructure the company.

“We are performing a focused set of limited restructurings that will collectively impact approximately 2 percent of our global employee population,” the company said in an emailed statement.

Read More: Yahoo Finance News

(Source: nothingislinear, via cnet)

Filed under JobCuts Restructuring Cisco Systems Workforce layoffs WallStreet

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