Click to Skip Ad
Closing in...



10000

Cisco could cut 10,000 jobs to boost profit

July 12th, 2011

Cisco could cut as many as 10,000 jobs — 14% of the company’s employees — in an effort to boost profits, Bloomberg reported on Tuesday. 3,000 Cisco employees accepted buyouts and early retirement packages, which will cost Cisco between $500 and $1.1 billion during the fourth quarter. While the layoff plans aren’t final, 7,000 more …

ASUS ramping up production of Eee Pad Transformer citing ‘excessive demand’

May 18th, 2011

Asustek Computer is promising to increase monthly production runs of its versatile Eee Pad Transformer tablet. Citing strong demand in the U.S., UK, Taiwan and China, the company will extend production totals from 8,000 units per month to 10,000 units per month. The company also has the lofty goal of manufacturing 300,000 Transformer tablets in the second …