cisco to cut 4000 jobs
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Cisco to cut 4000 jobs

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Arab Today, arab today Cisco to cut 4000 jobs

Arab Today
Information technology giant Cisco announced Wednesday that it will cut 4,000 jobs, equal to five percent of its workforce. "In order to execute on the portfolio investments and operational efficiency that we see in (fiscal 2014), we are rebalancing our resources with a workforce reduction," chief financial officer Frank Calderoni told analysts on a conference call.
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