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Is Cisco set to cut 14,000 jobs?
Industry reports have it that Cisco will soon – possibly as early as today -- cut as many as 14,000 jobs – or about 20% of its 73,000 member workforce. +More on Network World: Cisco: IP traffic will surpass the zettabyte level in 2016+ According to a report from tech site CRN the cuts emphasize the Cisco’s growing emphasis on software which is requiring staff with a different set of skills, CRN reported. Early retirement plans have already been offered to employees as well.To read this article in full or to leave a comment, please click here
Wheels could be in motion next month.