Monday, August 11, 2014

Cisco rumoured to cut staff numbers again

Cisco rumoured to cut staff numbers again   Networking giant Cisco is said to be working on plans to reduce its headcount with the news being made official on Wednesday as it publishes its fourth quarter earnings.The rumours came from Cisco blogger Brad Reese and Business Insider also quotes "a source" suggesting that Cisco is working on reorganising some of its engineering team.Reese says that David Yen, Cisco's data center SVP would be on his way out and the layoffs would account for a fifth of Cisco's current headcount. Read more >