Emily Chang originally shared this post:
John Chambers at Cisco Live today amdist reports he plans to layoff 10,000 employees: "Each time we begin to slow, we said we would re-invent ourselves and make dramatic change... (We've) got to have a more simplified structure so it's easier to work at Cisco, and more importantly, easier to do business with Cisco."
Cisco Systems Inc., the largest networking-equipment company, may cut as many as 10,000 jobs, or about 14 percent of its workforce, to revive profit growth, according to two people familiar with the p...
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Cisco Cutting 10k Jobs?
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