Network equipment maker Cisco Systems Inc said on Thursday its plan to slash 6,000 jobs will result in restructuring charges of $700 million in cash in the year ending July 2015. The latest round of layoffs, announced on Wednesday, is at least the fourth workforce reduction in about as many years for a company once […]

Cisco Systems Inc forecast tepid current-quarter results and said it plans to cut another 6,000 jobs, as the network equipment maker works through a transition toward a new cycle of high-end switches and routers. We are going to lead it, period, Chief Executive Officer John Chambers told analysts on a conference call. In emerging markets, […]

Cisco Systems Inc forecast tepid current-quarter results and said it plans to cut another 6,000 jobs, as the network equipment maker works through a transition toward a new cycle of high-end switches and routers. We are going to lead it, period, Chief Executive Officer John Chambers told analysts on a conference call. In emerging markets, […]