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Cisco to Lay Off 6,000 People; India May See Job Cuts
14 Aug 2014, 06:51 PM IST i

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New Delhi: After reporting a marginal decline in profits and revenues for the fourth quarter, networking solutions giant Cisco has said it will lay off up to 6,000 employees globally, including India.
The reduction, which is about 8 per cent of the US-based firm's global workforce, follows a similar move by the company last year when it announced plans to slash 4,000 jobs.
Transforming Cisco requires "making some very tough d...
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