Welcome to the MacNN Forums.

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

You are here: MacNN Forums > News > Tech News > Cisco slashes 500 positions from its workforce

Cisco slashes 500 positions from its workforce
Thread Tools
MacNN Staff
Join Date: Jul 2012
Status: Offline
Reply With Quote
Mar 28, 2013, 08:48 PM
 
Earlier this week, network equipment manufacturer Cisco announced a cut of 500 jobs. The move was made as part of the company's periodic reassessment of needs and manpower. Most of the positions lost relate to the company's alliance with EMC and other superfluous data center positions. Cisco's worldwide workforce totals nearly 73,000 people.

"We routinely review our business to determine where we need to align investments based on growth opportunities," Cisco spokeswoman Karen Tillman said. "This week, Cisco performed a limited restructuring that will impact approximately 500 employees, less than one percent of our population globally."
( Last edited by NewsPoster; Mar 29, 2013 at 08:36 AM. )
     
Fresh-Faced Recruit
Join Date: Jul 2011
Status: Offline
Reply With Quote
Mar 29, 2013, 04:04 PM
 
If Cisco would get back to just network hardware, it could make a lot of money and with a lot less than 73,000 employees.
     
   
Thread Tools
Forum Links
Forum Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Top
Privacy Policy
All times are GMT -4. The time now is 07:09 AM.
All contents of these forums © 1995-2015 MacNN. All rights reserved.
Branding + Design: www.gesamtbild.com
vBulletin v.3.8.8 © 2000-2015, Jelsoft Enterprises Ltd., Content Relevant URLs by vBSEO 3.3.2