Printed from http://www.electronista.com

Cisco slashes 500 positions from its workforce

updated 07:48 pm EDT, Thu March 28, 2013

Move part of regular program to keep workforce aligned with needs

Earlier this week, network equipment manufacturer Cisco announced a cut of 500 jobs. The move was made as part of the company's periodic reassessment of needs and manpower. Most of the positions lost relate to the company's alliance with EMC and other superfluous data center positions. Cisco's worldwide workforce totals nearly 73,000 people.

"We routinely review our business to determine where we need to align investments based on growth opportunities," Cisco spokeswoman Karen Tillman said. "This week, Cisco performed a limited restructuring that will impact approximately 500 employees, less than one percent of our population globally."



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

  1. Leatherropes

    Fresh-Faced Recruit

    Joined: 07-02-11

    Cisco is a mess

    If Cisco would get back to just network hardware, it could make a lot of money and with a lot less than 73,000 employees.

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

Origin PC Millennium

When it comes to PC gaming, there are two basic routes you can take. You can choose to purchase a built-to-order machine from one of t ...

Jorno Bluetooth keyboard and stand

The Jorno Bluetooth keyboard and stand for tablets certainly looks nice. The gunmetal grey shell of the keyboard looks great while the ...

Apple 12-inch Retina MacBook

It is an exciting time for consumer technology, with gadgets and devices that once used to the stuff of dreams now coming to fruition. ...

Advertisement

toggle

Most Commented

 
toggle

Popular News