Cisco to axe up to 14,000 staff: Report

Cisco Systems is reported to lay off up to nearly 20 percent of its global workforce, currently sitting at 73,104, as part of the company’s continued transition into a software-focused organisation.

According to CRN, sources close to the situation said the networking giant will announce it will axe between 9,000 to 14,000 employees within the next few weeks. [1]

[1] By Aimee Chanthadavong for ZDNet

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