SAN FRANCISCO (Reuters) - Networking equipment company Cisco Systems Inc could eliminate as many as 10,000 jobs, or about 14 percent of its workforce, to revive profit growth, Bloomberg said, citing two people familiar with the matter.
Reuters: Top News, Reuters
Mon, 07/11/2011 - 7:48pm
SAN FRANCISCO (Reuters) - Networking equipment company Cisco Systems Inc could eliminate as many as 10,000 jobs, or about 14 percent of its workforce, to revive profit growth, Bloomberg said, citing two people familiar with the matter.