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Posts Tagged ‘Christina Farr SAN FRANCISCO’

NEW YORK (AP) — Cisco says it will lay off up to 6,000 workers, or 8 percent of its workforce, as part of a restructuring.

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Network equipment maker Cisco Systems Inc posted a smaller-than-expected 0.5 percent dip in quarterly revenue, as the company makes a transition through a new cycle of high-end switches and routers. Cisco reported revenue of $12.4 billion, effectively flat from a year earlier. Wall Street on average had expected $12.1 billion, according to Thomson Reuters I/B/E/S. […]

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Cisco released on Tuesday its Midyear Security Report which analyzes threat intelligence and cybersecurity trends for the first half of 2014.

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