Cisco Said to Plan to Cut at Least 9,000 Jobs: CRN
Source: BFW (Bloomberg First Word)
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CSCO US (Cisco Systems Inc)
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UUID: 7947283
(Bloomberg) -- Cuts will range between 9,000 to 14,000 worldwide, CRN reports, citing people close to company.
Alert: HALISTER- Cisco expected to announce cuts within next few weeks; many early retirement package plans have already been offered to employees
- Cisco declined to comment: CRN
- NOTE: Co. employs about 73,000 people as of April 30: Bloomberg data
- NOTE: PREVIEW CISCO 4Q: Enterprise and Brexit Seen Weighing on 1Q View
Source: BFW (Bloomberg First Word)
Tickers
CSCO US (Cisco Systems Inc)
To de-activate this alert, click here
UUID: 7947283