The layoffs are "part of our plan to drive simplicity, speed of decisions and agility across Cisco," spokesperson Karen Tillman said in a statement today. "We routinely review our business to determine where we need to align investment based on growth opportunities."
The job cuts will come from across the company and aren't concentrated in a single unit, said Karen Tillman, a company spokeswoman. She declined to provide a geographic breakdown of the reduction. The company said affected workers in the United States, Canada and other countries it didn't name will
Date: Jul 18, 2011
Category: Business
Source: Google
Cisco Said to Plan Cutting Up to 10000 Jobs to Buoy Profit
We will provide additional detail on the cost reductions, including layoffs, on our next earnings call, Karen Tillman, a spokeswoman for San Jose, California-based Cisco, said in reference to an earnings call scheduled for early August. She declined to discuss job-cut figures.
Date: Jul 12, 2011
Category: Business
Source: Google
Cisco Could Eliminate as Many as 10000 Jobs: Report
costs from our FY 12 expense run-rate as part of our efforts to streamline company operations, including a planned reduction in workforce. We will provide additional detail on the cost reductions, including layoffs, on our next earnings call on Aug 11," Cisco spokeswoman Karen Tillman told Reuters.
Date: Jul 12, 2011
Category: Business
Source: Google
Cisco May Trim 5000 Jobs to Boost Profits, Analysts Say
planned to cut more jobs and drop less-profitable businesses after closing the Flip video-camera unit and firing 550 workers in May. The company will give an update "on the cost reductions, including layoffs, on our next earnings call," Karen Tillman, a spokeswoman, said in an e-mailed statement today.
Date: Jul 11, 2011
Category: Business
Source: Google
Cisco May Eliminate 5000 Jobs to Revive Profits, Analysts Say
to cut more jobs and drop less-profitable businesses after closing the Flip video-camera unit and firing 550 workers in May. The company will give an update on the cost reductions, including layoffs, on our next earnings call, Karen Tillman, a spokeswoman, said in an e-mailed statement today.
Date: Jul 11, 2011
Category: Business
Source: Google
Cisco Overhauls Management System That Spurred Exits
As part of the changes today, the councils will be reducedto three from nine. Each will be led by two executives, ratherthan as many as five in the past, said Karen Tillman, aspokeswoman for Cisco. Tillman declined to comment further,referring to a memo sent by Chambers to employees on April 4.
"We will be substantially reducing our investment in the consumer market as a stand-alone business and will invest in it only in partnership with enterprise and service providers customers," said company spokeswoman Karen Tillman.
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