As per Wall Street Journal, US computer networking giant Cisco Systems has laid off between 600 and 700 employees at its headquarters in San Jose, California, in a bid to reduce costs amid slow sales. The company has also cut jobs at other branches in the United States, although the total number was not immediately [...]
Archive for the ‘Cisco’ Category
16 Apr
Cisco may announce 10% workforce reduction or layoffs of 6,600 employees.
Is it pinkslips time at Cisco? Predicting a significant drop in revenue for the fourth quarter, a JP Morgan analyst has reported that Cisco Systems Inc “could” soon announce a workforce reduction of 10 percent (this could be equal to about 6,600 employees). Cisco spokesman reportedly refused to comment on JP Morgan report directly. However, [...]
27 Feb
Apple, Google, Cisco, Visa among 10 American companies that won't be cutting jobs.
Good news finally. After string of fresh Layoff news from JP Morgan, TCS and HCL, there are reports that few good companies will not layoff. Bucking the recessionary trend, US corporates Apple, Google and Colgate are doing so well that they are unlikely to fire their employees Take a look at the ten American companies [...]
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