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Cisco to cut only 5,500 jobs
2016-08-18 02:00:00| Total Telecom industry news
Reports that the company planned to cut up to 14,000 jobs appear to have been somewhat exaggerated.
Cisco to cut up to 5,500 jobs
2016-08-17 22:42:41| BBC News | Business | UK Edition
US tech giant Cisco Systems says it is cutting up to 7% of its global workforce, or 5,500 jobs, from the start of next year.
Cisco to lay off up to 14,000 employees - report
2016-08-17 08:34:00| Telecompaper Headlines
(Telecompaper) Cisco Systems is laying off up to 14,000 employees, representing nearly 20 percent of the company's global workforce, multiple sources close to the company told CRN. Cisco is expected to announce the cuts within the next few weeks, and many early retirement packages have already been offered to employees. The reduced workforce is driven by Cisco's transition from hardware to software-centric products. Cisco declined to comment. The company has a history of announcing layoffs at the end of its fiscal year each summer. Cisco will report fiscal Q2 results after the market close on 17 August.
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cisco
Cisco plans to cut up to 20% of workforce: report
2016-08-17 02:00:00| Total Telecom industry news
Networking giant rumoured to be planning cuts of up to 14,000 employees.
Cisco adds Skype for Business to video rooms
2016-08-16 12:25:00| Telecompaper Headlines
(Telecompaper) Cisco announced the new Cisco Meeting Server, making it possible for Skype for Business users to connect to Cisco videoconferencing rooms. Cisco said the new functionality comes in response to customer demand, where businesses want remote and home workers to be able to also participate in video conferences using the Microsoft system. Cisco said the system offers a standard, familiar look and feel, optimises bandwidth use, ensures the same level of security and also works with lower-cost, standard Cisco UCS hardware. Cisco Meeting Server is available to order now, with Cisco Capital financing provided in over 100 countries.
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