Cisco's Ceo John Chambers Vows 'bold Changes' As Investors Worry

SAN FRANCISCO -- Cisco Systems Inc. CEO John Chambers is calling his company's recent missteps "unacceptable" and is vowing to take "bold steps" to narrow Cisco's focus.A memo to employees that Cisco posted on its corporate blog Tuesday suggests that major changes are coming for the world's biggest maker of computer-networking gear, but it was short on specifics.Read More...

 

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