Cisco to lay off 5,500 staff as it 'pivots' towards software-defined networking
Profits up 20 per cent; jobs down seven per cent
Cisco's new-ish CEO carries on a firmly established Cisco tradition...
Cisco has announced that it is cutting 5,500 jobs, or about seven per cent of its workforce - in a restructuring that is intended to shift the company's focus from hardware to software. Some 300 jobs will...
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