Cisco Systems, the largest networking equipment company in the world, will lay off 14,000 of its over 73,000 employees, according to a new report by CRN. The company is expected to announce the news in the coming weeks and has reportedly already starting offering many employees early retirement packages.
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(Score: 0) by Anonymous Coward on Thursday August 18 2016, @04:58PM
http://www.theglobeandmail.com/report-on-business/nortel-turning-its-focus-toward-software/article988312/ [theglobeandmail.com]