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, […]

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. […]