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Cisco Systems Inc. said it would lay off up to 5,500 employees, or nearly 7 percent of its workforce, as the world’s largest networking gear maker shifts focus to areas such as security, Internet of Things and cloud. Cisco’s traditional business.

Nov. 07, 2017 (GLOBE NEWSWIRE) — LaSalle Solutions received awards for Software Lifecycle Partner of the Year (Americas) and Execution Excellence Regional Partner of the Year IL/WI Operation at Cisco’s. of MB Equipment.

Cisco says it plans to cut about 6,000 jobs, as the network equipment-maker works through a transition toward a new cycle of high-end switches and routers.

News this morning includes Wal-Mart fighting back against worker protests, Citigroup cutting more jobs, Cisco adding to its cloud business. Bobby Raines is the Managing Editor of the Market Intelligence Center. He has degrees in.

Cisco planned to re-invest a substantial amount of the money saved through job cuts. Elimination of positions was to commence this quarter. Faced with a slowdown in its traditional products such as routers for telecom networks, Cisco.

Sluggish growth, market share losses, and uninspiring acquisitions made 2017 a dull year for Cisco investors.

While Cisco’s statement only mentioned 5,500 lay-offs, the CRN report estimates that the overall number of job cuts may lie between 9,000 and. many of these cuts would happen in the Middle East. AMEinfo staff members report business.

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SAN JOSE, Calif. – Cisco Systems Inc. said yesterday that it will eliminate 6,500 jobs as part of a broad overhaul aimed at making the company more efficient and more profitable after months of disappointing financial results. The news came.

Silicon Valley technology giant Cisco Systems has said it will cut 8% of its global workforce amid falling profits. The latest round of lay-offs will see the maker of networking hardware slash the jobs of nearly 6,000 employees. Cisco’s chief.

SAN JOSE, Calif. — Shares of Cisco Systems Inc. rose in after-hours trading Wednesday after the internet gear maker reported better-than-expected earnings and forecast revenue growth after two years of decline. The San Jose, California.

Work and jobs in Cisco: detailed stats about occupations, industries, unemployment, workers, commute. Average climate in Cisco, Texas. Based on data reported by over.

Cisco Systems reported a 2 per cent drop in quarterly revenue and said it would lay off up to 5500 employees, or nearly 7 per cent of its workforce, as the world’s largest networking gear maker struggles with sluggish demand for its main.

(Reuters) – Arista Networks Inc <ANET.N> won a ruling on Thursday in its legal battle with Cisco Systems Inc <CSCO.O> over networking device technology, setting the stage for Arista to undo a U.S. agency’s order blocking importation of.

KEY Royal Bank of Scotland and healthcare contracts have ensured that Cisco Systems’ Scottish operation escapes a major jobs cull as the American technology giant embarks on the biggest staff layoff in its 26-year history. The world’s.

It adds to their case that we’re not getting any jobs growth, which means people won’t be able to spend and the economy won’t be able to recover. Cisco fell 9.5 percent to $21.46 and was the top drag on both the Dow and Nasdaq. The.

Network professionals are under relentless pressure to accomplish more, and do it faster, with fewer resources. The best way to meet this challenge is to automate.

Read the latest stories about Finance on Fortune

Featured Jobs Driver. Warehouse. Sales. Information Technology. endeavors to make the Sysco Corporate Careers Website accessible to any and all users.

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BANGALORE: The Indian arm of Cisco Systems is not cutting jobs in its routers and switches business, top executives said, despite reducing workforce globally as part of an effort to restore growth and shift focus from traditional networking.

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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.

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39 Cisco Systems Business Finance Manager jobs. Search job openings, see if they fit – company salaries, reviews, and more posted by Cisco Systems employees.