Thursday, August 18, 2016

Cisco dismisses 5500 employees worldwide – NU.nl

This is equivalent to approximately 7 percent of the staff of Cisco worldwide. Rumors of a major reorganization at Cisco did all round. Previously appeared 20 percent of the staff to be fired.

In a statement, the tech company indicated that surgery is necessary to keep costs under control. Cisco also plans to invest more focused in key services over the internet.

Cisco, which also has a branch in the Netherlands, is trying to make a transition from a hardware-oriented organization to a software-oriented company.

In April, 73,000 people worked at Cisco, the company already has some sacking behind

by:. ANP

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